March 9, 2010
And that's a bad thing?
A front-page article in today's Denver Post declares, "Colorado Not Cashing in on Census." According to the article, Colorado is the third-lowest state in terms of federal reimbursement. The culprit seems to be Medicaid reimbursements that lag because of Colorado's relatively high per-capita income and relatively low child poverty rate. We also set the bar for Medicaid eligibility at the poverty line, whereas states like Vermont set the bar at 3X the poverty line. And that's a bad thing? It is if your a liberal who rates success based on how many tax dollars you can vacuum up.
Kathy White, program director for the Colorado Fiscal Policy Institute, said the state generally provides basic Medicaid benefits without the options other states provide for adults and children.
In addition to the galling situation in Vermont, Alaska is even worse. Alaska ranks among the highest-reimibursed states, garning more than $2000 per citizen compared to Colorado's $890. This, despite the fact that Alaskans have a negative state income tax (i.e., residents pay no state income tax but get an annual rebate from oil tax revenues). So, Alaska pays for all of its state social benefits funded by tax payers in other states - and rather generously at that. Question: what happens when every states is a net tax receiver? Answer: Unending deficit spending.
But they'll rock at heathcare... wait a minute... they already do...But they'll rock at health care Posted by Boulder Refugee at March 9, 2010 5:47 PM