Cali health plan failing - Mercedes-Benz Forum

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post #1 of 1 (permalink) Old 01-28-2008, 11:58 PM Thread Starter
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Cali health plan failing

Bad sign for Hillarycare but then the fedgov would
have no problems paying for it with more paper
unlike the state. On a related note,
Mass taxes are going up for the health plan, ouch.

But the legislation ran into trouble in the Senate last week, in large part because of concerns about whether California could afford the estimated $14 billion cost when the state faces a $14 billion budget deficit. The state's nonpartisan Legislative Analyst's Office released a study that found the program could face an annual deficit of as much as $1.5 billion by the end of its fifth year. - nation, world, technology and Washington area news and headlines

But last Wednesday, as the California Senate committee heard testimony on the bill, Massachusetts announced that spending on its health care plan would increase by $400 million in 2008, a cost expected to be borne largely by taxpayers.

Last edited by mlfun; 01-29-2008 at 12:01 AM.
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