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  1. Medicaid Expansion May Cost $90 Billion, Double U.S. Forecast
    April 25 (Bloomberg) — Texas officials say expanding Medicaid under the U.S. health-care law will cost their state as much as $27 billion. In New Hampshire, the same change is projected to save state taxpayers $49 million.
    The costs of enlarging the program may be more than double estimates by the Congressional Budget Office, a Bloomberg Government study of 35 states found.

  2. ok dibs, I agree that the spending problem is much larger than the revenue problem.

    However, I think that a holistic approach to the spending problem needs to be taken, including medicare, medicaid, SS, social programs, and military spending.

    I also think a holistic approach to the revenue side is needed as as well, including the elimination of deductions/credits and the return to previous effective rates for taxpayers at all income levels.

  3. “increase in spending came in 2008 and 2009, so Iraq explains less than half of it.”

    financial bailout?

    i find it hard to believe in 2008-2009 teachers and old people swindled the country for a trillion dollars.

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