Citing Costs, Vermont Shelves Single Payer Health System
Vermont will not push forward with its plan to launch a state-based single payer health care system in 2017, reports the Daily Caller.
Democratic Governor Peter Shumlin made the announcement on Wednesday, citing several factors.
Among the most important were changes in financing assumptions. Vermont had been counting on infusions of federal funding to buoy the program, but confirmed that it overshot its estimates by a whopping $311 million. Without the expected seed money of federal tax dollars there’s not enough start-up capital needed to get the project going.
The other blow to Vermont’s single payer scheme – to be called Green Mountain Care – is its lack of financial sustainability. In order to make the enterprise successful, Vermont would need to levy tax hikes like an…[more]
Over the past two weeks, I’ve presented analysis of this year’s U.S. Senate races by region, with previous installments looking at contests in the West and the Midwest. This week’s edition begins an examination of elections in the South that will continue into next week (the fourth and final edition will also include a brief look at the Northeast).
At first blush, it may seem strange that the South has enough competitive races to merit being split into two parts. After all, the region has a reputation for being more monochromatic than the West or the Midwest, both of which contain…
"In recent months, the outlook for the Castro regime in Cuba was growing steadily darker. The modest reforms it adopted in recent years to improve abysmal economic conditions had stalled, due to the regime's refusal to allow Cubans greater freedoms. Worse, the accelerating economic collapse of Venezuela meant that the huge subsidies that have kept the Castros afloat for the past decade were in…[more]