Quote:
Originally Posted by Guest
This 2.2 billion would be added directly to federal deficit. If FIC taxes on everyones retirement incomes were taxed real time to pay for this in Florida and 49 other states I suspect support might soften a little? There should be a real balanced budget so discussions such as this one would have some meaning.
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What are FIC taxes and if you meant FICA taxes, what does it have to do with retirement income. FICA is only on earned income and only up to an inflation adjusted amount. Almost no economists, right or left, support a balanced budget. It is a buzz word, a simple phrase, a very bad idea. Do you have a credit card, a mortgage, a car loan? Then you don't have a balanced budget and a home is not a nation where deficit spending is often essential for both security and economic growth.
A Constitutional Balanced Budget Amendment Threatens Great Economic Damage — Center on Budget and Policy Priorities
JSTOR: Journal of Economic Education
So back on topic, did Scott flip flop and is the state GOP right in not taking the money and insuring our poor but not poorest neighbors. And when the rural and teaching hospitals close or cut back because of non-compensated care that this money would have provided, will the GOP hatred of the ACA be enough of a reason for this political decision.