Report: Medicaid spending skyrockets, consumes 30 percent of state budgets
Money for this means there’s no money for that.
(From The Center Square)
Overall, 47 states’ spending on Medicaid grow as a share of their budgets since 2000, with 32 states spending 25 percent or more of their budgets solely on Medicaid.
“Ultimately, this means fewer dollars are available for education, corrections, transportation, and other important budget priorities,” the report states, pointing to decreased spending in state budgets dedicated to education (by 13 percent) and spending outside of core budget items dropping by 12 percent.