Speaker 1: Politico is reporting that some states have announced cuts to
Speaker 1: their medicaid budgets because of the loss of tax revenue,
Speaker 1: which of course is due to the closing down the economy. Now,
Speaker 1: it's not the first time that states have cut medicaid spending.
Speaker 1: It happened during the last economic slowdown, but experts warned
Speaker 1: this time it's going to be worse because under Obamacare,
Speaker 1: the number of people using medicaid skyrocketed by millions. Now
Speaker 1: that's not bad enough. There are millions of people newly
Speaker 1: out of work. A bunch of them are going to
Speaker 1: seek out for medicaid just as the money is running out. Now,
Speaker 1: in the first coronavirus bailout legislation, Congress gave states a
Speaker 1: temporary six percent increase to cover medicaid that some states
Speaker 1: are crying and moaning it's not enough. They need more money,
Speaker 1: and they don't want chump change. They want billions and
Speaker 1: billions more. They want hundreds of billions, and they want
Speaker 1: it now. And the Democrats in Congress of course want
Speaker 1: them to have it now. So you might be asking, well,
Speaker 1: why don't the states cut their budgets in other areas
Speaker 1: if medicaid such a priority or you might ask, where
Speaker 1: are these billions of dollars supposed to come from? Well,
Speaker 1: you can ask all you want. There never will be
Speaker 1: an answer. States want more money, and we're supposed to
Speaker 1: come up with it. In the story. It's just apparently
Speaker 1: how it works now, except for you. You want more money.
Speaker 1: Screw you. You can't even go back to work yet, chump.