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This headline is really misleading and clickbaity. It makes it seem as if the state is facing a budget shortfall. The cost they are referring to is a hypothetic
by aphextron 9y ago
This headline is really misleading and clickbaity. It makes it seem as if the state is facing a budget shortfall. The cost they are referring to is a hypothetical number crunching of possible future healthcare systems.
- gzuki 9y agoAnd even further, they are misrepresenting that somewhat. They admit further down the article that after offsetting from the existing employer based tax that "total new spending to implement the system would be between $50 billion and $100 billion per year". They make it sound like it's $400b more, rather than total. There is also no discussion of the kind of external savings this might create. Usually that kind of thing is included in budget office analysis.
- tanderson92 9y agoMore good analysis here too: http://mattbruenig.com/2017/05/22/californias-surprisingly-cheap-single-payer-plan/ http://mattbruenig.com/2017/05/22/californias-surprisingly-c...
- DrScump 9y agoThe state is facing a budget shortfall, per Brown administration estimates.