Friday, August 22, 2014

Crazy In NC: Why They're Poor Edition

Here's Why North Carolina Keeps Getting Poorer | NC House Representative Bobbie Richardson:

...Earlier this year, North Carolina also cut unemployment benefits to a 14-week maximum, which is the shortest amount in the U.S, according to The Wall Street Journal. Previously, the maximum allowed in the state was 19 weeks. In addition, North Carolina became the only state in 30 years to eliminate a state Earned Income Tax Credit, which reduced taxes for low- and moderate-income people, according to WUNC.org.

In conducting interviews with impoverished people in cities such as Charlotte, Nichol said the solution isn't as complicated as one would think...

Study: Not expanding Medicaid to cost billions
The decision by Gov. Pat McCrory and Republican lawmakers not to expand Medicaid coverage through the Affordable Care Act will cost North Carolina $51 billion in lost federal money and thousands of jobs over the next decade, according to a new report.
The study issued by the non-partisan Robert Wood Johnson Foundation and the Urban Institute says the state will lose nearly $40 billion in Medicaid funding and more than $11 billion in reimbursements to North Carolina hospitals if the state continues to forgo expansion through 2022...

Read more here: http://www.newsobserver.com/2014/08/18/4079996_study-not-expanding-medicaid-to.html?rh=1#storylink=cpy

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