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NEW Medicaid Budget Numbers from Fiscal Bureau

After Governor Walker and Department of Health Services Secretary Dennis Smith announced new adjustments to the Medicaid budget numbers, the Legislative Fiscal Bureau released a report this week saying the budget deficit for the Medicaid program is $141 million. (Originally, in a related letter dated December 30, 2011, Smith informed the Joint Finance Committee that new budget numbers indicate that he overstated his initial projection of $554.4 million in savings required to balance the Medicaid budget and the projected budget deficits totaled less that $232 million dollars, a drop of over $300 million.