Comments on: Ready, set, cut!! http://minnesotabudgetbites.org/2008/12/19/ready-set-cut/ Sun, 05 Feb 2012 22:33:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Scott http://minnesotabudgetbites.org/2008/12/19/ready-set-cut/#comment-196 Scott Fri, 26 Dec 2008 16:32:34 +0000 http://minnesotabudgetbites.org/?p=665#comment-196 Won't any cuts in medicaid funded services result in an equal loss of Federal dollars. Hennepin county is losing 111 CADI waivers this may save the county money at the expence of future income and the derivative effect of lost wages which will never be cycled through the economy. We seem to be focused on bailing out our boat by drilling holes in the hull. If as an alternative taxes were raised to pay for the shortfall, we would get back in federal income the ammount raised in taxes and be better off as a whole. Won’t any cuts in medicaid funded services result in an equal loss of Federal dollars. Hennepin county is losing 111 CADI waivers this may save the county money at the expence of future income and the derivative effect of lost wages which will never be cycled through the economy. We seem to be focused on bailing out our boat by drilling holes in the hull.

If as an alternative taxes were raised to pay for the shortfall, we would get back in federal income the ammount raised in taxes and be better off as a whole.

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