Biden's Medicare Raids: Seniors Suffer for Green Agenda
Submitted by MAGA Student
Posted 5 days ago
**Medicare Raids Under Biden: A Troubling Betrayal of Senior Citizens**
In a shocking revelation, the Biden-Harris administration has come under fire for effectively raiding Medicare funds to bankroll their ambitious Green New Deal initiatives.
The consequences of this financial maneuver are set to ripple through the lives of America’s senior citizens, who are expected to see their premiums soar due to this blatant misappropriation of funds.
Nearly two years following the passage of the Inflation Reduction Act (IRA), critical Medicare savings amounting to approximately $260 billion have been siphoned off to support costly tax credits for electric vehicles and other special interests. This funding diversion has raised alarm bells among advocates for seniors, particularly as premiums are projected to spike between 20% to a staggering 179%.
Ron Fitzwater, Chief Executive Officer of the Missouri Pharmacy Association, critiques this act as a theft from Medicare itself. He emphasizes that what should have been preserved for America's aging population is instead being rerouted to support green energy boondoggles and other politically motivated projects.
Senator Bill Cassidy of Louisiana has openly criticized the Biden administration's tactics, highlighting that their actions appear to be less about governance and more about garnering political capital ahead of elections. The administration's bailout maneuver, designed to shield them from the fallout of rising costs, raises ethical questions about their commitment to transparency and fiduciary responsibility.
Moreover, the IRA's regulation on drug prices is poised to have long-term consequences for pharmaceutical innovation. The law, allowing Medicare to "negotiate" prices under the threat of excessive penalties, has economists concerned that this will stifle the development of new medications, ultimately hurting patients who rely on these life-saving treatments.
As Americans brace for sharp increases in healthcare costs, it has become clear that the Biden administration's mismanagement of the Medicare program could jeopardize not just their health, but also the financial security of millions of seniors across the nation.
This unfolding financial crisis serves as a stark reminder of the dangers posed by poorly conceived legislation powered by partisan agendas, and it calls for a reevaluation of who truly represents the interests of American citizens.
With the 2024 election on the horizon, it’s crucial for voters to hold their representatives accountable and safeguard programs that are critical to the well-being of our nation's elderly. The clock is ticking, and it’s time for action to put seniors' needs back at the forefront of policy discussions.
Sources:
westernjournal.com
revolver.news
rumble.com
In a shocking revelation, the Biden-Harris administration has come under fire for effectively raiding Medicare funds to bankroll their ambitious Green New Deal initiatives.
The consequences of this financial maneuver are set to ripple through the lives of America’s senior citizens, who are expected to see their premiums soar due to this blatant misappropriation of funds.
Nearly two years following the passage of the Inflation Reduction Act (IRA), critical Medicare savings amounting to approximately $260 billion have been siphoned off to support costly tax credits for electric vehicles and other special interests. This funding diversion has raised alarm bells among advocates for seniors, particularly as premiums are projected to spike between 20% to a staggering 179%.
Ron Fitzwater, Chief Executive Officer of the Missouri Pharmacy Association, critiques this act as a theft from Medicare itself. He emphasizes that what should have been preserved for America's aging population is instead being rerouted to support green energy boondoggles and other politically motivated projects.
Senator Bill Cassidy of Louisiana has openly criticized the Biden administration's tactics, highlighting that their actions appear to be less about governance and more about garnering political capital ahead of elections. The administration's bailout maneuver, designed to shield them from the fallout of rising costs, raises ethical questions about their commitment to transparency and fiduciary responsibility.
Moreover, the IRA's regulation on drug prices is poised to have long-term consequences for pharmaceutical innovation. The law, allowing Medicare to "negotiate" prices under the threat of excessive penalties, has economists concerned that this will stifle the development of new medications, ultimately hurting patients who rely on these life-saving treatments.
As Americans brace for sharp increases in healthcare costs, it has become clear that the Biden administration's mismanagement of the Medicare program could jeopardize not just their health, but also the financial security of millions of seniors across the nation.
This unfolding financial crisis serves as a stark reminder of the dangers posed by poorly conceived legislation powered by partisan agendas, and it calls for a reevaluation of who truly represents the interests of American citizens.
With the 2024 election on the horizon, it’s crucial for voters to hold their representatives accountable and safeguard programs that are critical to the well-being of our nation's elderly. The clock is ticking, and it’s time for action to put seniors' needs back at the forefront of policy discussions.
Sources:
westernjournal.com
revolver.news
rumble.com
Latest News