The afternoon Gov McCrory wants to blame Medicaid yet again to distract attention from his decision to reject billions in federal money to cover uninsured North Carolinians. WRAL wasn’t fooled:
A $262 million shortfall amounts to about 2.6 percent of the $10 billion in state and federal money North Carolina spends on Medicaid in a year.
McCrory noted in his memo that the annual budget has a $200 million reserve and an extra $213 million in unappropriated money. Also, revenue officials have projected that tax collections are $100 million above forecasts, and state agencies have saved $125 million this year.
I can add too. $513 million surplus and reserve is larger than $262 million.