It is difficult to separate cause and effect when it comes to spending and revenue. I won't be at all surprised if States are strapped for cash come 2017. The difficult question is what is causing it. You can get a very accurate figure for how much medicaid expansion is costing. You'll have a hell of a time, however, getting an accurate figure for the impact of expansion on revenue.Can you explain why every state that added Medicaid expansion is projecting Medicaid budget issues starting in 2017? On average the states experienced 70% greater enrollment than they expected - how can you claim this will not impact the upcoming state budgets. The states screaming the loudest about this problem are traditional blue states - which are projected to have the greatest un-budgeted additional costs due to Medicaid expansion.
Obviously all the "studies by economists have concluded that the additional revenues" covering the expanded Medicaid costs are not holding water. In fact they are complete bunk when it comes to the state budget situations.
As I said earlier you can make a case on the social benefits vs. the total cost of Obamacare, but you cannot deny that Medicaid expansion will be a wrecking ball to state budgets post-2017. All these states will be screaming for the Feds to pick up the unexpected cost, this will be occurring directly at a time where the budget constraints in Washington due to excessive debt will be the top problem.
It won't be a surprise to anyone if the States find expansion is costing them far more than was projected, or say it is.. We have totally out of control medical costs in the U.S., so being faced with an outrageous bill is par for the course. What do you do about that? Stop using medical care? I hardly think so!
What you do, is go ahead and let a crisis be created. Then you are forced to go back and fix the problem correctly -- Do the things that should have been done in the first place. Or alternatively buy 2400 F35s instead of 2500. (I don't like this latter kind of solution by the way, as it doesn't get to the cause. It is no good budget cutting elsewhere because your medical costs are too high. That only makes matters worse.)
In the meantime I'm thoroughly pissed at having to ship my medicaid tax dollars to blue states and get nothing in return. It's an outrage, and it is going to do nothing at all toward fixing the problem of out of control medical costs. What it will do however is bring us a step closer to Bangledesh.
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