From the Springfield Republican: The State of Massachusetts, who's budget is overwhelmed by the rising cost of the Massachusetts Universal Health Care program, is another $295 Million in the red. The administration blames the increase in the number of low income residents using the program as part of the problem. The balance of the blame lays in the increase in needs for homeless shelters and a drop in fees collected by the state. With the rate of unemployment in the majority of Massachusetts at the national average or more (See the 4th District), the ability to collect taxes has had a real impact on the program.
This raises the question: with the Obama Health Care Program, and across the board taxes to take place immediately, how on earth are they going to pay for this when unemployment is at 10% nationwide, and there is no indication that the situation is going to ease anytime soon? As companies either close or layoff workers in order to avoid having to go bankrupt - (See manufacturer Caterpillar estimates cost at $100 millionChicago Tribune)with the new mandates, the situation will only worsen - increased unemployment with an increase in taxes.
It boggles the mind that any one group of individuals who are allegedly so bright have made such as mess of this great nation in so short a time.
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