Wednesday, May 14, 2014

CALIFORNIA OBAMACARE COSTS $1.2 BILLION MORE THAN EXPECTED

Democratic California Gov. Jerry Brown warned on Tuesday that his state's Obamacare program will cost California taxpayers $1.2 billion more than the state originally budgeted for. - Wynton Hall/Breitbart

"I'm proud we did it," said Brown. "But we also have to take into account this thing is growing."
Brown said the state's Obamacare exchange, known officially as Covered California, and the state's Medi-Cal expansion represent "a huge social commitment on the part of the taxpayers of California." ...

Last week, the nonpartisan Legislative Analyst's Office reported that California faces $340 billion in debts, or more than $8,500 for each of the 38 million people who live in the state.
FROM THE COMMENTS: A government run program costing more than originally expected? Impossible! Wait I know what must have happened... Obviously this is the fault of the racist Tea Party who must have sold faulty, racist calculators (financed by the Koch brothers of course) to unsuspecting Democrats who's only wish was to provide healthcare to the underprivileged. Next thing you're going to tell me is the bullet train will cost more than originally expected! D @mn the Tea Party! D @mn them!
Governor’s Budget Update: Health Costs Explode, Reserve Requirements Clamp Down - Loren Kaye/Fox&Hounds
While the Governor choked off requests for programmatic spending with one hand, by the other hand he doled out more than a billion dollars to cover rapid growth in the state’s health care program for the poor.