Tuesday, February 1, 2011

Reports Around the Capitol Monday

The cost of Medicaid will rise to over $ 9 billion in additional state funding to address the increasing number of caseloads in Texas suitable, whether or not to fund national legislators, Legislative Budget Board Director John O’Brien told senators on Monday. The draft budget bill for the Senate consists of a 10 percent reduction in reimbursements to providers, a figure that some say could lead doctors to exit the program.

At the first hearing of the Senate Finance of the session, O’Brien told lawmakers it was a real problem and an economic decision, most providers will have to weigh when deciding whether they are still participating in Medicaid 10 percent less. If these people show up, they will be served – Medicaid is a program entitled.
He said the property tax cuts cost more than expected legislators, and the new business tax is not bringing in the $ 6 billion a year that was expected. The tax currently bringing in only $ 4 billion, Heleman, when the resulting in a 10 billion U.S. dollars in the budget hole. There seems to be a structural deficit, which will be extended if we do not do something about it and so we need to change the system if it is not working properly.

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