"Hey, Obambi! We told you Zero-care was gonna place a huge budget problem on the states! But did you listen to us? NO! Now face the consequences and don't say you are "embarrassed" like you did to all those CEO's taking charges. We warned you!" John Boehner, Tim Pawlenty, and many more.
Last week I related the story of DC's impending "Salem Witch Trials." You know, the one where Waxman is gonna haul all those CEOs asses into Congress to explain why they are taking "charges"? Now I fully expect Obambi to say he's embarrassed cuz a ton of governors are complaining about their massive budget shortfalls and have Waxman haul their asses into Congress as well.
Thirty three states have already depleted their unemployment funds (thanks to you, Obama) and have been forced to borrow $ from the Feds. California is at the top of the list, of course, borrowing $8.4 billion. My state, Ohio, hit extremely hard from unemployment, has borrowed $2.23 billion. On the low end, Delaware comes in with borrowing $1 million. Bear in mind this is all before the Zero-care monstrosity will give a one-two punch to all the states with new expensive Medicaid obligations.
Me thinks, Obama, this is all part of your master plan to make the US into a socialist "nanny-state" and force the states to become even more dependent on the Feds. Rahm, you must be really proud.
According to the Wall Street Journal:
New Jersey's governor, a fiscal conservative, has proposed not making the state's entire $3 billion contribution to its pension funds because of the state's $11 billion budget deficit. Virginia has proposed paying only $1.5 billion of the $2.2 billion required pension contribution. Connecticut Republican Gov. M. Jodi Rell is deferring $100 million in payments this year to the pension fund for state .
Here is a FoxNews video from last September warning of this very thing. Even Harry Reid (gasp!) warns that Nevada won't be able to afford the Medicaid increased costs from the Baucus bill.
"I think the governors would all agree that what we don't want from the federal government is unfunded mandates,'' said Governor Jim Douglas of Vermont, [National Governor's Association Chairman] a Republican who is the group's incoming chairman. "We can't have the Congress impose requirements that we are forced to absorb beyond our capacity to do so.''
House Minority Leader John Boehner (R-OH) and Governor Tim Pawlenty (R-MN) put out this 19 page report named "Capitol Malpractice," A GOP State Solutions project in July of 2009 warning of impending doom for the states. Eighteen governors have written letters to Senator Baucus and others involved in drafting Zero-care worried about the impact on their states. Here is another video http://www.youtube.com/watch?v=yZDOEowQROc&feature=player_embedded (sorry for the URL, but link button has stopped working) of Rep. Boehner, Rep. Mike Pence (R-IN) and Governor Haley Barbour (R-MS) warning of the dangers of Obama/Pelosi-care for the states.
If states are borrowing from the Feds now to pay unemployment benefits, this must be giving others who receive state pensions nervous tummies. A friend of mine on twitter was warned last summer from her state rep John Carter (R-TX) that a government take-over of all state pensions has at one time or another been bandied about in Congress.
If the Feds try this kind of a money-grab, I can't predict what the reactions will be.