Budget - McKnight's Long Term Care News

Budget

Vote on California budget compromise looms

The California state budget drama continued to play out this week as lawmakers prepare to vote Thursday on an agreement that would close a $26 billion shortfall. The compromise would be one that includes billions of dollars in healthcare and education cuts.

Note to states: Don’t take out your problems on Medicaid

As if it comes as a surprise, things are not looking too good for state Medicaid programs. The July through September statistics from the Center on Budget and Policy Priorities tell the story. After adjustment for inflation, total revenue collections were below 2007 levels in 14 of the 15 states that published complete data. Of…

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