ROMNEY DID NOT BUILD ROMNEYCARE HIMSELF.
How Romney paid for Romneycare, with federal help
We didnt have to cut Medicare by $716 billion. We didnt raise taxes on health companies by $500 billion, as the president did.
Since the late 1990s, Massachusetts has also received additional Medicaid funds to enroll populations that other states traditionally do not cover.
In 2005, when Romney was governor, the federal aid amounted to $550 million.
That state ultimately secured three years of additional Medicaid funding, $1.05 billion, which largely financed the Massachusetts expansion
Five years later, its largely federal funding that keeps Massachusetts universal coverage afloat. Since 2005, the state has twice renewed that federal waiver the one Lizza and McDonough wrote about to provide additional Medicaid dollars to the state.
The most recent renewal was last December 2011, when the state secured $26.75 billion in federal funds over the course of three years
How Romney paid for Romneycare, with federal help
How Romney paid for Romneycare, with federal help
We didnt have to cut Medicare by $716 billion. We didnt raise taxes on health companies by $500 billion, as the president did.
Since the late 1990s, Massachusetts has also received additional Medicaid funds to enroll populations that other states traditionally do not cover.
In 2005, when Romney was governor, the federal aid amounted to $550 million.
That state ultimately secured three years of additional Medicaid funding, $1.05 billion, which largely financed the Massachusetts expansion
Five years later, its largely federal funding that keeps Massachusetts universal coverage afloat. Since 2005, the state has twice renewed that federal waiver the one Lizza and McDonough wrote about to provide additional Medicaid dollars to the state.
The most recent renewal was last December 2011, when the state secured $26.75 billion in federal funds over the course of three years
How Romney paid for Romneycare, with federal help
Romney did not build RomneyCare all by himself.
State taxes also help pay for RomneyCare.