By Becca Aaronson
Gov. Rick Perry has compared Texas Medicaid to the Titanic, but economists and business advocates from both sides of the political aisle say Texas shouldn’t let the program sink just yet. They argue the political rhetoric against the federal government should be thrown overboard and Texas should expand Medicaid under federal health care reforms because it is a practical decision for the state budget.
It’s a question worth debate: Would the Medicaid expansion bankrupt or save the state budget?