White House: States rejecting Obamacare expansion save taxpayers $88B
By Nic Horton | The Arkansas Project
A new report released by the Obama White House last week reveals the extraordinary taxpayer savings created by the states that are declining Obamacare’s Medicaid expansion — and how much expansion states are costing taxpayers.
By not expanding Medicaid, 24 states are saving taxpayers $88 billion over the next three years. That is $88 billion that will not be added to the national debt — debt that will not be passed on to future generations of taxpayers. On the other hand, states that have expanded Medicaid through Obamacare are adding roughly $84 billion to the national debt through 2016.
Arkansas stands alone as the only Southern state to expand Medicaid. Our share of new deficit spending is $2.7 billion over the next three years because (believe it or not) there isn’t a giant, endless pot of money in Washington. In fact, every penny of Medicaid expansion spending adds to the national debt.
at The Arkansas Project.