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    Latest Bailout Paid for Only in Fantasyland

    The House of Representatives rushed back to Washington yesterday in the middle of their six-week vacation to pass yet another bailout. This latest one, $26 billion in total, temporarily saves state governments that have overspent for years from fixing their chronic budget problems. The newest bailout spends $10 billion for … More

    House Breaks Vacation Plans to Spend More Money

    One week ago, Members of the House of Representatives stopped spending taxpayer money and began a six-week vacation. Unfortunately, they came back five weeks early. House Speaker Nancy Pelosi has summoned Members back to Washington to debate an extension of Medicaid and education bailouts. The House will vote today to … More

    More Fed Money for Profligate States?

    Many state leaders are lobbying the Senate to extend the Medicaid bailout enacted in the February 2009 stimulus bill. While several attempts by Senate leaders to extend the bailout have failed, it will be brought to the floor again on Monday, this time bundled with additional spending on education. Talk … More

    Morning Bell: It's About The Spending, Speaker

    Yesterday on ABC’s This Week, host Christiane Amanpour asked Speaker Nancy Pelosi (D-CA): “You are, by all accounts, one of the most — if not the most — powerful and successful speakers of — in the history of the United States. You’ve passed so much legislation. The President was elected … More

    Federal Bailouts of Medicaid Encourage the Unsustainable Status Quo

    In the past few months, the Senate has made several attempts to extend the Medicaid bailout included in the stimulus package. States share the cost of Medicaid with the federal government, and because of the influx of new beneficiaries due to increased job loss, the federal government increased the portion … More

    Side Effects: Medicaid Reimbursement Crisis Hits Texas

    Obamacare promises that, some years down the road, every American will have health insurance. But the whole point of having health insurance is to get medical care when you need it, and that’s not part of the Obamacare promise. The new law aims to use Medicaid to cover 16 million … More

    Side Effects: Obamacare's Exploding Medicaid Costs

    The states are in Big Trouble. While Americans are fearful of record federal deficits, the states also are facing increased costs. Most of the exponential growth comes from increased Medicaid costs, and the taxpayers in the states are going to pay for it. A new Deloitte study gives predictions that … More

    Deficit Reduction Isn’t Just a Matter of the Right Policy—Politics Matter, Too

    At this point, Americans on every imaginable side of the deficit debate agree that federal spending is out of control. Something must be done—but the question is, what, and how, and by whom? Lawmakers on Capitol Hill talk about deficit reduction an awful lot—so why haven’t they done anything about … More

    Obamacare’s Impact on the States

    State legislators and governors will face many challenges implementing the provisions of Obamacare. In a new Heritage Foundation study, Ed Haislmaier and I analyze the components of Obamacare that detrimentally affect states and make recommendations for how states should respond to the new law. Of the many impacts on states … More

    CBO: Obamacare Unlikely to Reduce Spending on Health Care

    Yesterday, the Congressional Budget Office released its annual long-term Budget Outlook, which provides a look at mandatory federal spending on health care after passage of the Patient Protection and Affordable Care Act. One may have expected to see drastic changes after the passage of Obamacare.  After all, this legislation was … More