Professor HAYNE LELAND (Finance, University of California-Berkeley): It's a reflection of the fact that they either have recently achieved or are likely to achieve in the near future additional infusions of equity which basically provide additional reserves to back up their insurance.

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You and other Republican governors could take note of existing flexibility already built into the law, continue pressing for more guidance and details about other aspects of implementation, and then try to strike a deal with the White House to achieve additional waivers in exchange for your agreement to set up and administer state insurance exchanges.

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More than half of this would merely be to extend for an additional year two measures that expire in December: a 2% payroll tax cut and up to 99 weeks of insurance benefits for the unemployed.

ECONOMIST: America��s jobs crisis