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Monday, July 23, 2007

The Phantom Economic Benefits of SCHIP Expansion

Proponents of federal spending programs commonly extol the many jobs that would be created if their spending wishes were met. Defense contractors do it. Highway bill supporters do it. Now even proponents of higher federal health care spending are claiming more funding translates into more jobs and higher wages. The trouble is that such claims are almost never true. A case in point is analysis published by Families USA in support of the reauthorization and expansion of the State Children's Health Insurance Program (SCHIP).

See the full Heritage Foundation report here.

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