Romney aggressively pursued federal government assistance when he was the governor of Massachusetts. It was not, however, a BIG...SURPRISE to learn that he balanced the budget by taking millions of dollars from something called the Catastrophic Illness in Children Relief Fund.
In his first budget proposal [as governor], Romney promised balancing the budget without tapping reserves, and “without the use of fiscal gimmicks.” However, buried in the details, he suggested tapping reserves such as taking $4 million from the Catastrophic Illness in Children Relief Fund, and he included fiscal gimmicks to maximize and divert federal aid into his general state coffers … The Wall Street Journal labeled such financing mechanisms “Medicaid Money Laundering” and a “swindle.”
Translation: after these gimmicks are deployed, it LOOKS like the state has spent money on Poors and is thus eligible to get money from federal Medicaid coffers. But in reality, the state HASN’T spent the money on Poors.
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