Word: medicaid
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...less in a recession - and Obama is even floating a two-year, $300 billion tax cut (roughly 1% of GDP per year). Even worse, our federal revenues are nearly exhausted by just four areas of spending: Social Security and other retirement programs, health programs such as Medicare and Medicaid, defense, and interest payments on the public debt. Almost all the rest of our expenditures - from education and infrastructure to international diplomacy and much more - have to be funded by borrowing. We are racking up trillions of dollars in debt, to be paid in the future through taxation or inflation...
...Health care: A $100 billion package features money to expand health insurance for laid-off workers, known as Cobra, for longer periods of time and for those who did not have health insurance with their former employers, as well as funds to help state shortfalls on Medicaid. Of this package, $20 billion would be used as a "down payment" for one of Obama's campaign pledges: a separate $50 billion program to modernize the nation's medical records, most of which sit in filing cabinets instead of being recorded online. While the Medicaid grant to states would be a onetime...
Various labor and healthcare groups have rallied to the Cambridge Health Alliance’s side in recent weeks, forming a coalition called “Put Patients First” to urge Mass. Gov. Deval L. Patrick ’78 to steer clear of further cuts to Medicaid. At the same time, city councillors and residents have demanded greater budgetary accountability from the CHA and expressed concerns regarding health service cuts that the alliance had made. At a December council meeting, Cambridge Mayor E. Denise Simmons proposed an order that would have withheld the CHA?...
...indicated that they would leave the alliance for another healthcare provider, Bailey said. CHA is a public hospital system that has several locations in the northern Boston metropolitan area. Many of its services are aimed at serving low-income patients, thus making the alliance heavily reliant on state Medicaid funding. —Staff writer Bora Fezga can be reached bfezga@fas.harvard.edu. —Staff writer Sarah J. Howland can be reached at showland@fas.harvard.edu...
...board. At least 10 states, including Nevada, New York, Ohio and North Carolina, have reduced budgets by as much as 7%, with 10 more states considering such action. The pain is being felt from community colleges to prisons, from fire departments to courthouses, with major state responsibilities like Medicaid and elementary-school education taking hits...