RSSStates Cut Medicaid Funding
The Heritage Foundation | May 26, 2010
- States are making drastic cuts to their Medicaid programs because of the financial burdens they impose. Many of these cuts target the mentally disabled living at home. Obamacare would expand Medicaid and impose still more financial burdens on the states.
- Says Germany’s finance minister about the European debt crisis: “I’m convinced the markets are really out of control. That is why we need really effective regulation, in the sense of creating a properly functioning market mechanism.” Unfortunately, panicked lawmakers here in the U.S. are expanding government intrusion into markets rather than ensuring free markets can function — and stock markets are responding predictably.
- In a show of solidarity with his Mexican counterpart, President Obama criticized Arizona’s new immigration law and, instead, called for a federal fix (read: amnesty) for the nation’s illegal immigration problem. Heritage’s James Carafano argues the President should stop playing politics with the Arizona law.
- South Korea is pointing the finger at communist North Korea for the death of 46 sailors in the sinking of a naval warship. North Korea, which has denied involvement, has threatened war if punished.
- The Associated Press reports: “The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months…Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week.”
Contributor's website: http://www.heritage.org
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