Califailnia
Gotta pass it to figure out how to pay for it...
So, how serious is the funding problem?
That's the equivalent of an individual trying to decide how much house he can afford, then settling on a monthly house payment equal to his entire monthly income. Just think about that for a second. Contemplate how incredibly and spectacularly stupid a person would have to be to make such a decision.
Those are the people running California.
A California Senate committee tasked with reviewing bills that spend state money passed a $400 billion universal health care proposal Thursday with no funding plan.
So, how serious is the funding problem?
The vote came days after the committee revealed the Legislature’s first cost assessment of the bill, which turns out to be more than the entire state budget for the year...
That's the equivalent of an individual trying to decide how much house he can afford, then settling on a monthly house payment equal to his entire monthly income. Just think about that for a second. Contemplate how incredibly and spectacularly stupid a person would have to be to make such a decision.
Those are the people running California.
posted by Jar(egg)head at 16:51
2 Comments:
Crack Addict: "How do I get rid of my crack addiction? I know! I'll spend everything I have and then some, and smoke as much crack as I can until I am tired of Crack, and then I won't want it anymore! That'll do it!"
California legislature: Man what a great idea!
Actually, if I'm reading their budget numbers correctly, it is the equivalent of someone taking a house payment 3 times their current monthly income.
The price tag is in: It would cost $400 billion to remake California’s health insurance marketplace and create a publicly funded universal health care system, according to a state financial analysis released Monday.
California would have to find an additional $200 billion per year, including in new tax revenues, to create a so-called “single-payer” system, the analysis by the Senate Appropriations Committee found. The estimate assumes the state would retain the existing $200 billion in local, state and federal funding it currently receives to offset the total $400 billion price tag.
So, they are assuming that ALL the money they spend now would go towards universal health care. I guess all those pensions will pay for themselves? Or are they planning on "cutting costs" the same way the VA does?
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