I was very surprised to learn that almost every state spent less than it took in in tax revenue (in 2017). It looks like that, without unfounded pension liabilities, our states (unable to print money) are in good financial health.https://howmuch.net/articles/stacking-up-each-state-government-finances …
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It seems its financed jointly by the state and fed. The fed govt provides matching funds for state $ spent: https://www.kff.org/medicaid/issue-brief/medicaid-financing-how-does-it-work-and-what-are-the-implications/ … This shit is way too complicated.
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Uncapped? I’ve definitely heard that there are major state to state differences in Medicaid. For example, easy to get in NY, not so in TX.
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