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]
With Republican governors in Pennsylvania and Tennessee recently agreeing to expand their states’ Medicaid programs under ObamaCare, some conservatives are worried that a wave of capitulation is washing over the GOP.
“Is the Republican fight against Medicaid expansion over?” asks a Washington Examiner headline. The question was prompted by separate announcements from Governors Bill Haslem of Tennessee and Tom Corbett of Pennsylvania – both Republicans up for reelection this year – that they are seeking federal approval to expand Medicaid through ObamaCare.
"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]