WRITTEN BY JEFF REYNOLDS ON DEC 21, 2023. POSTED IN LATEST NEWS
How Joe Biden Is Diverting Money From Medicare ‘Savings’ To Subsidize EVs
The Biden administration is so obsessed with making electric vehicles (EVs) work as part of its green agenda that it’s taking money away from seniors — namely, drug savings under Medicare. Unsurprisingly, it has also failed to advertise that fact.
The news of EV and green energy subsidies flew under the radar until a poll conducted in Arizona alerted voters there to the scheme. [emphasis, links added]
Fully three-quarters of Arizona voters polled (76 percent) said they didn’t know the Biden administration diverted money from Medicare “savings” to subsidize green projects, and by an 80-10 margin, respondents strongly opposed such a tactic.
The information came from a report by Americans for Tax Reform (ATR), which shows the inaccurately named Inflation Reduction Act of 2022 diverted some $280 billion from Medicare’s prescription drug provisions to green tax credits and other leftist climate initiatives — instead of lowering prescription drug costs for seniors.
https://climatechangedispatch.com/how-joe-biden-is-diverting-money-from-medicare-savings-to-subsidize-evs/
