medicaid tremendously. is the president okay with that? because he promised the american people, no cuts to social security, medicaid, or medicare. well, wolf, forgive me for disagreeing with you, but it doesn t cut medicaid, it adds more money each year to medicaid. what it does do is it puts medicaid on a sustainable path. by applying a cost of living escalation clause to this that spends more money next year than it does next year. more money the year after than next year. so we re not cutting medicaid, except in the sense that here in washington, sometimes people use that phrase, we re reducing the rate of growth, but it s not a cut, at least where i come from. there will be less money available, let s say in five years or ten years than there would have been if you would have kept the same standard. that s a good point because that i think assumes that we can maintain this unsustainable growth in medicaid spending.
medicaid expansion is i think that under obamacare was dishonest accounting because what we did is we expanded it to a lot of new people, maybe 12 million new people, but we paid for it all at the federal government level. really nothing at the federal government level is really paid for. we borrow the money. we re $500 million in the hole. we had trouble funding traditional medicare, medicaid, food stamps, social security before we expanded into obamacare. there isn t enough money for everything. and i think we need to be honest with the american people. if people want medicaid expansion, the most honest ways to say the state should pay for it and the states will have to raise taxes. then people will get a visible trade off. in kentucky, we have 4850,000 new people on medicaid, it should completely be a state function. the federal government shouldn t be expanding it and the state should say, we have to pay the traditional percentage we pay if we want to do this, but the governors tol