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fiscal cliff

Medicaid Matters

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The fiscal cliff is looming and debates are raging about whether or not to tax the rich, but starting January 2013 individuals and couples with incomes over $200,000 and $250,000 respectively are going to have to pay more in taxes anyway. These new payroll taxes will help pay for the expansion of Medicaid starting in 2014, which is projected to newly insure about 16 million people and is one of the major foundations of the Affordable Care Act. But things aren’t that simple.

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