Biden and Harris Raided Medicare to Fund Green New Deal: Premiums Are Now Set to Spike
Story by Jack Davis • 14h
When Democrats rammed through the Inflation Reduction Act during the days they controlled all of Washington, D.C., it ignited a chain reaction that led to higher Medicare costs for America’s senior citizens.
“Nearly two years after its passage, the IRA has diverted nearly $260 billion from the projected Medicare ‘savings’ to pay for special interest handouts like large tax credits for costly electric vehicles, enormous subsidies paid to big health insurer-PBM corporations, and funding health care programs for illegal immigrants,” Ron Fitzwater, Chief Executive Officer of the Missouri Pharmacy Association, wrote in an Op-Ed in the Missouri Times.
“The Biden-Harris administration is not protecting Medicare; they’re stealing from it,” he wrote.
According to Politico, the chain reaction began when the act shifted the burden of paying for prescription medicine from seniors to insurance companies.
https://www.msn.com/en-us/news/politics/biden-and-harris-raided-medicare-to-fund-green-new-deal-premiums-are-now-set-to-spike/ar-AA1udi9f?ocid=msedgdhp&pc=HCTS&cvid=99302281adb7466b928705046fc6811e&ei=51
