October 15, 2009

HEALTH CARE TO BANKRUPT STATES? Bredesen warns cost to state could exceed $3 billion.

Gov. Phil Bredesen warned Tuesday that pending federal health care legislation could cost Tennessee far more than the $735 million “best estimate” his administration previously has cited.

The $735 million would stretch over five years, but “in addition, there are huge unknowns for the states in this reform,” Gov. Bredesen said, estimating that those costs, if realized, could exceed another $3 billion from 2014 to 2019. . . . “I’m glad they’re trying to do it without increasing the federal deficit, that certainly is important,” said Gov. Bredesen, a Democrat who has been critical of the plan’s impact on states. “But to turn around and increase the state deficits as the way to handle it that does not seem a very appropriate way to do that.”

Nope. But they’re hoping that no one will notice in time.

Comments are closed.
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.