Tweet
Government schools are being forced to borrow money, because of a lack of a State budget.
Now, local health clinics are borrowing money to stay open. Same culprit, no State budget.
"A $22 million loan fund for community health clinics to weather Sacramento's budget storm has been leant out, and there's still a demand for more.
The fund was established by a consortium of health care foundations, including the California Healthcare Foundation, and providers like Catholic Healthcare West and Sutter Health. The loans were provided as a bridge while lawmakers passed a state budget."
"Two other funds totaling about $20 million have loaned out about half to struggling clinics. Those funds can only loan money out until November 1st.
A $7 million fund administered by Health Net of California and the Health Net Foundation is still loaning money, mainly to Central Valley institutions, although that could change soon. Health Net spokesman Brad Kieffer says that money is dwindling."
since we will not have a budget till after January 1, does this mean that government services are collapsing? Yup.
The big issue is why the formerly mainstream media is not reporting anything about this. Why doesn't the Times, Chron or Bee note these loans and the collapse of services?
Guess that is why you have the California Political News and Views and other blogs, newsletters, Fox News and new media. Otherwise you would be as dumb as a union official or Democrat office holder.
More...
Now, local health clinics are borrowing money to stay open. Same culprit, no State budget.
"A $22 million loan fund for community health clinics to weather Sacramento's budget storm has been leant out, and there's still a demand for more.
The fund was established by a consortium of health care foundations, including the California Healthcare Foundation, and providers like Catholic Healthcare West and Sutter Health. The loans were provided as a bridge while lawmakers passed a state budget."
"Two other funds totaling about $20 million have loaned out about half to struggling clinics. Those funds can only loan money out until November 1st.
A $7 million fund administered by Health Net of California and the Health Net Foundation is still loaning money, mainly to Central Valley institutions, although that could change soon. Health Net spokesman Brad Kieffer says that money is dwindling."
since we will not have a budget till after January 1, does this mean that government services are collapsing? Yup.
The big issue is why the formerly mainstream media is not reporting anything about this. Why doesn't the Times, Chron or Bee note these loans and the collapse of services?
Guess that is why you have the California Political News and Views and other blogs, newsletters, Fox News and new media. Otherwise you would be as dumb as a union official or Democrat office holder.
More...