“The trouble with socialism is that eventually you run out of other people’s money.” – Margaret Thatcher
The Denver Post reports:
Temporarily short on money, Colorado has declared a fiscal emergency and delayed payments to doctors and clinics taking care of the state’s neediest patients.
Under state law, thedepartment can delay reimbursements to doctors, hospitals and clinics during a fiscal emergency. Physicians treating patients with the health-insurance plan for the poor will not receive normally scheduled payments on June 25 or July 2, a hardship for safety-net clinics in particular that rely on public funds.
Hmm. Will the welfare state in the U.S. end up like Greece? Check out this video from Bankrupting America:
(Video via Reason.tv)