Iowa State treasurer attacks Branstad health plan
DES MOINES (AP) — State Treasurer Michael Fitzgerald waded Thursday into the partisan debate over whether to expand Medicaid in Iowa, attacking Gov. Terry Branstad’s alternative proposal as a “bad financial deal.”
The Democratic treasurer said that Branstad’s Healthy Iowa proposal would cost the state $163 million in the 2014-15 fiscal year, compared with a $4.7 million price tag for expanding Medicaid under the federal health care law. Fitzgerald said he based his numbers on information from the non-partisan Legislative Services Agency, as well as analysis by Senate Democrats.
“After thoroughly examining these we can see that the governor’s plan is a bad financial investment,” said Fitzgerald, speaking at a news conference. “We’re spending money and getting nothing for it.”
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