'Denver Health' incurs massive deficit thanks to unpaid migrant medical bill

[Smokin' OP]

Remittances have to be made up for just like any deficit, by borrowing.

"Remittances"...........MEXICO was supposed to pay for.

 

[Woodznutz]

"Remittances"...........MEXICO was supposed to pay for.

These remittances.

Strong U.S. labor market drives record remittances to Mexico

Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. Strong employment in the U.S. construction sector—a leading employer of Mexican migrants—best explains the recent growth of remittances to Mexico.

www.dallasfed.org

 

[Smokin' OP]

These remittances.

Strong U.S. labor market drives record remittances to Mexico

Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. Strong employment in the U.S. construction sector—a leading employer of Mexican migrants—best explains the recent growth of remittances to Mexico.

www.dallasfed.org

Hmmmmmm.............Not exactly.

Mexico is the second-highest receiver of remittances in the world, trailing only India. The payments, mostly from migrants in the U.S., provide a valuable lifeline for millions of Mexican households. They are used mainly for necessities—food, clothing and health care—while they also make up an important part of household expenditures for housing, tuition and debt repayment.

Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. These transfers accounted for 95 percent of Mexico’s total remittances of $58.5 billion. Mexican migrants, who number 11 million in the U.S., typically send the funds home to support their families. The average monthly remittance to Mexico was $390 in 2022.

 

[Woodznutz]

Hmmmmmm.............Not exactly.

Mexico is the second-highest receiver of remittances in the world, trailing only India. The payments, mostly from migrants in the U.S., provide a valuable lifeline for millions of Mexican households. They are used mainly for necessities—food, clothing and health care—while they also make up an important part of household expenditures for housing, tuition and debt repayment.

Remittances from the U.S. to Mexico reached a record $55.9 billion in 2022. These transfers accounted for 95 percent of Mexico’s total remittances of $58.5 billion. Mexican migrants, who number 11 million in the U.S., typically send the funds home to support their families. The average monthly remittance to Mexico was $390 in 2022.

It's another cut that hemorrhages money from our economy, that has to be made up for by more borrowing, thus Mexico has their hand in our Treasury to the tune of $50plus Billion each year.

 

[Smokin' OP]

It's another cut that hemorrhages money from our economy, that has to be made up for by more borrowing, thus Mexico has their hand in our Treasury to the tune of $50plus Billion each year.

Well...........Yeah.
Mexicans living and working in the US, sending $$$ back to Mexico.
That has been going on for decades.