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It’s potentially a state fiscal crisis if the state keeps operating as insurer of last resort.
by lukasb 3y ago
It’s potentially a state fiscal crisis if the state keeps operating as insurer of last resort.
- koolba 3y agos/potentially/eventually/ From the article: > But the enrollment surge is putting a financial strain on the state insurer as it faces a potential loss of $311 billion, up from $50 billion in 2018. For reference, the entire budget for the state of CA is $224 billion.
- euroderf 3y agode Toqueville: "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."