1 00:00:00,120 --> 00:00:03,840 Speaker 1: Politico is reporting that some states have announced cuts to 2 00:00:03,880 --> 00:00:07,480 Speaker 1: their medicaid budgets because of the loss of tax revenue, 3 00:00:07,520 --> 00:00:11,200 Speaker 1: which of course is due to the closing down the economy. Now, 4 00:00:11,240 --> 00:00:13,960 Speaker 1: it's not the first time that states have cut medicaid spending. 5 00:00:14,400 --> 00:00:18,239 Speaker 1: It happened during the last economic slowdown, but experts warned 6 00:00:18,360 --> 00:00:21,599 Speaker 1: this time it's going to be worse because under Obamacare, 7 00:00:21,640 --> 00:00:26,040 Speaker 1: the number of people using medicaid skyrocketed by millions. Now 8 00:00:26,120 --> 00:00:29,280 Speaker 1: that's not bad enough. There are millions of people newly 9 00:00:29,360 --> 00:00:31,160 Speaker 1: out of work. A bunch of them are going to 10 00:00:31,280 --> 00:00:35,720 Speaker 1: seek out for medicaid just as the money is running out. Now, 11 00:00:35,760 --> 00:00:40,360 Speaker 1: in the first coronavirus bailout legislation, Congress gave states a 12 00:00:40,440 --> 00:00:44,520 Speaker 1: temporary six percent increase to cover medicaid that some states 13 00:00:44,520 --> 00:00:47,960 Speaker 1: are crying and moaning it's not enough. They need more money, 14 00:00:48,240 --> 00:00:51,040 Speaker 1: and they don't want chump change. They want billions and 15 00:00:51,200 --> 00:00:53,760 Speaker 1: billions more. They want hundreds of billions, and they want 16 00:00:53,800 --> 00:00:56,680 Speaker 1: it now. And the Democrats in Congress of course want 17 00:00:56,720 --> 00:01:00,360 Speaker 1: them to have it now. So you might be asking, well, 18 00:01:00,360 --> 00:01:04,000 Speaker 1: why don't the states cut their budgets in other areas 19 00:01:04,080 --> 00:01:07,480 Speaker 1: if medicaid such a priority or you might ask, where 20 00:01:07,520 --> 00:01:11,039 Speaker 1: are these billions of dollars supposed to come from? Well, 21 00:01:11,120 --> 00:01:12,880 Speaker 1: you can ask all you want. There never will be 22 00:01:12,959 --> 00:01:17,240 Speaker 1: an answer. States want more money, and we're supposed to 23 00:01:17,240 --> 00:01:20,720 Speaker 1: come up with it. In the story. It's just apparently 24 00:01:20,720 --> 00:01:23,440 Speaker 1: how it works now, except for you. You want more money. 25 00:01:24,240 --> 00:01:27,480 Speaker 1: Screw you. You can't even go back to work yet, chump.