CNN.com

Monday, January 25, 2010

Georgia is facing a monetary shortfall due to stimulus

Well, Atlanta is about to pay the piper for the stimulus monies it collected from the Federal government last year.  With the stimulus money all dried up the state is short over $500 million for Medicaid alone.  The result of the influx in cash last year was that the state had to agree to expand their programs.  The catch was that although the Feds would supply the money for the first year, the Federal sopply would end in 2010.  After that, the state would have to keep the expanded programs and find other ways to make up the budget shortfall.

I can't figure who is dumber, the guys that created the terms or the guys that accepted the terms.

No comments:

Post a Comment