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Old 11-01-2013, 10:35 PM   #13
banyon banyon is offline
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Join Date: Aug 2005
Location: Dodge City, Kansas
Casino cash: $7214
Quote:
Originally Posted by 2bikemike View Post
So Neither of you think this matters?

The anticipated 10-year (CY2014-CY2023) State budget increase (state
share only) with expansion compared to No ACA will be $1.1B ($970.1M for Medicaid and $173.6M for
CHIP)
.
First, i hope those projections weren't brought to us by the same folks who projected their massive tax cuts last year would have no impact on the budget and we are already down 19% y/oy.

Second, the taxpayers of kansas will be paying federal taxes into the expansion for all of the participating states and not getting anything back thanks to these choices.

The missing element there is to figure what the economic impact is of being drained 90% of that figure is every year out of the states economy. I think i have read that no economists unless they are truly crazy think that the economic impact of the 90% federal monet coming in wouldnt greatly outweigh the complained of state portion.

970.1 mil over ten years is 97 mil a year. Hell, brownback has already lost that in just the first couple of months of his experimental tax plan.
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Last edited by banyon; 11-02-2013 at 07:47 AM..
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