Saturday, October 31, 2015

Who'd of thunk?!!-----Growth in State Medicaid Spending Crowding Out Spending on Other Major State Programs

Growth in State Medicaid Spending Crowding Out Spending on Other Major State Programs | Mercatus:
"According to recent research, expanding state Medicaid spending is “crowding out” spending on other major state programs, most notably education and transportation infrastructure. 
This growth in state Medicaid spending, however, does not seem to be increasing state debt burdens.
As the chart below shows, in 2000, state spending on Medicaid amounted to 19.1 percent of the total of state budgets.
Education made up 22.3 percent, while transportation constituted 8.9 percent of state spending. Fourteen years later, in 2014, total state spending on Medicaid had increased to 25.8 percent of state budgets, while education fell to 19.5 percent and transportation spending declined to 7.7 percent of state budgets. "

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