GM pact may dent Medicaid

[mvccd1000]

It will be interesting to see all the ripples from this agreement.

http://www.detnews.com/apps/pbcs.dll/article?AID=/20070927/AUTO01/709270411&theme=Autos-UAW-talks

From the Detroit News today:

A plan for General Motors to establish a $50 billion union-run trust for retiree health care could cost Michigan $800 million yearly in federal assistance to Medicaid, possibly leading to severe cuts in the health insurance program for the poor, disabled.

-----------

Obviously, there's plenty more in the article. That sentence was certainly an attention-grabber, though.

[undergroundpanther]

1. This is just disgusting

Corporations are the worst of the state welfare parasites. Dammit how DARE the state cut medicaid to ensure a CEO's Greed.

Fuck corporations(the CEO's) that parasite off corporate state welfare who stick their greedy grubby piggy hands into the state coffers to pay for insurance they should be forced to provide or be shut down,themselves so the CEO pig can profit more.Fuck the RICH.Let the CEO take a PAY CUT to pay for it. The state owes NOTHING to corporations.

[madrchsod]

2. those writers should go back to college

and actually learn how to report a story.