« previous next »
Pages: [1]   Go Down

Author Topic: Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election  (Read 331 times)

0 Members and 1 Guest are viewing this topic.

Online rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,796
Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election
« on: November 05, 2024, 12:11:59 pm »
Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election

Seniors groups warn that Biden budget gimmickry means "taxpayers are footing the bill today, seniors will pay the price tomorrow."
 
By Steven Richards
Published: November 3, 2024 10:56pm

Updated: November 4, 2024 9:50am
 
Democrats were confronted earlier this year with a terrifying reality: a cap on out-of-pocket costs for patients to limit Medicare drug spending passed as part of Biden’s signature Inflation Reduction Act was set to spike premiums for millions of senior citizens just weeks before the 2024 presidential election.
 
To avoid the political catastrophe of presiding over major premium increases in the middle of a closely contested election, the Biden-Harris administration used its authority to reroute appropriated funding to subsidize the premiums for seniors until after the election.

The administration’s $5 billion budget gimmick kicked the proverbial can down the road, but only adds to the estimated possible $20 billion in additional spending over three years to cover up the unintended consequences of one of the Biden-Harris administration's signature laws.

https://justthenews.com/politics-policy/elections/biden-harris-administration-spent-big-tamp-down-medicare-prices-right
« Last Edit: November 05, 2024, 12:12:54 pm by rangerrebew »
Logged
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online rangerrebew

  • TBR Contributor
  • *****
  • Posts: 176,796
Re: Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election
« Reply #1 on: November 05, 2024, 12:14:19 pm »
What else has Biden's puppet master hidden from America? 888sunglass
Logged
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline verga

  • Hero Member
  • *****
  • Posts: 7,499
  • Gender: Male
Re: Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election
« Reply #2 on: November 05, 2024, 04:01:25 pm »
Not surprised, just surprised it came out now.
Logged
In a time of universal deceit - telling the truth is a revolutionary act.
�More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.�-Woody Allen
If God invented marathons to keep people from doing anything more stupid, the triathlon must have taken him completely by surprise.

Offline berdie

  • Hero Member
  • *****
  • Posts: 5,834
Re: Biden spent billions to delay Medicare premiums spike, protect Harris campaign before election
« Reply #3 on: November 05, 2024, 04:34:50 pm »
I assumed that was why they were waiting to announce what will surely be and increase.
Logged
Pages: [1]   Go Up
« previous next »