“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, the Medicaid department 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)