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Is Vermont on the road to financial ruin?



The Crocker Post - Vermont Conservative Transitioning Toward Pal - 9:57 am Thu Feb 21st, 2013

Almost half of Vermont's revenue currently comes from federal sources and the state even now enjoys the highest tax burden in the nation. State run healthcare will double the size of Vermont's already liberal government and could ruin Vermont financially.

A risk to state solvency

"The [Shumlin] administration's single payer plan has significant and serious financial risks, likely outweighing benefits. Converting to a government health care system, funded by taxes, will double the size of [Vermont] state government in 2017. At this magnitude, errors or wishful thinking regarding projected costs or revenues could quickly wipe out Vermont's fund balance. Further, hospitals and providers also face enormous financial risk." Read more here...

(c) Warren Crocker Herrick 2013 - All Rights Reserved

Read the whole story in the The Crocker Post - Vermont Conservative Transitioning Toward Paleoconservative...
A Conservative Voice in a Marxist Wilderness: http://feedproxy.google.com/~r/crockerpost/quvV/~3...

Relevant Address(es):
Montpelier, VT 05602 (Set as Local)

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