Obamacare's Great Medicaid Expansion Swindle
This is bad news. Medicaid, the nation’s health care program for low-income citizens and those with certain disabilities, is expensive. States are not required to participate in the program, but all do, though eligibility requirements differ from state to state. In 2011, states devoted nearly 24 percent (PDF) of total spending to Medicaid—the single largest state expense—despite the fact that there’s little evidence that it actually improves the health outcomes of its beneficiaries.
You got that? One of the major tenets of Obamacare is to expand an existing program that is both hugely expensive and massively ineffective.