Connecticut’s Democrat governor has revealed that the state will wipe the combined total of $1 billion in medical debt for residents.
Gov. Ned Lamont announced his drastic plan to wipe out medical debt for state residents during an appearance on Good Morning America.
However, Lamont has yet to reveal how he intends to pay for erasing the $1 billion bill, which will likely be funded by taxpayers.
Lamont unveiled a plan to partner with a nonprofit organization that buys medical debt and “eliminates” it at a reduced cost.
The move would help an estimated 250,000 residents.
The governor revealed the plan will be helped with $6.5 million in tax dollars from Democrat President Joe Biden’s American Rescue Plan Act, also called the COVID-19 Stimulus Package, that sought to cancel medical debt during the pandemic, he said.
“This is not something they did because they were spending too much money, this is something because they got hit with a medical emergency,” he said.
“They should not have to suffer twice, first with the illness, then with the debt.
“I think it’s really important that people have a sense that they can start building wealth of their own.
“We’re making that