One of the major unintended consequences (at least I think it was unintended) of the Inflation Reduction Act is the impact it will have on America’s senior citizens. While the AARP and the Biden\/Harris administration are touting the agreement to cut the cost of some drugs, they are failing to mention that the cost of Medicare and its drug programs is going to skyrocket in the coming year.<\/p>\n
On Saturday, Breitbart<\/a> posted an article about President Trump’s plans to combat inflation. You might have noticed that the Inflation Reduction Act has not successfully done that.<\/p>\n The article reports:<\/p>\n Bidenflation has ravaged seniors over the past four years, putting immense financial pressure on those living on fixed incomes. As a result, many seniors in swing states like Pennsylvania, Michigan, and Wisconsin are turning away from the Joe Biden-Kamala Harris administration and shifting their support to Donald Trump, who has made clear promises to fix inflation and lower healthcare costs.<\/strong><\/p>\n Inflation is wreaking havoc on seniors, but the Biden-Harris response has been woefully negligent. Their solution was the misnamed Inflation Reduction Act (IRA). They promised seniors that prices would come down if it passed. They even got AARP to spend $60 million to convince the swamp to support it. They rammed it through Congress with Harris\u2019 tie-breaking vote delivering it to Joe Biden to sign into law. However, the IRA did nothing to ease seniors\u2019 financial suffering. Instead, the IRA stole hundreds of billions from Medicare to subsidize electric vehicles, benefiting the Chinese manufacturers and their overlords in the Chinese Communist Party. The IRA was never about lowering costs for seniors. It was a left-wing fever dream full of big green subsidies and socialized medicine come to life.<\/strong><\/p>\n So, seniors\u2019 bills got even bigger. The IRA caused a massive spike in Medicare premiums. Thanks to Biden and Harris, seniors faced a staggering 20 percent increase this year, with projections indicating an additional 50 percent increase next year\u2014or potentially even higher. This is not just an inconvenience; it\u2019s a devastating hit to the budgets of millions of elderly Americans.<\/strong><\/p>\n Unfortunately, the IRA wasn\u2019t done there. It also repealed the Trump Rebate Rule, a critical safeguard designed to save seniors billions by lowering their out-of-pocket costs and curbing the greed of Big Insurance pharmacy benefit managers (PBMs). By removing these protections, Biden and Harris have left seniors more vulnerable than ever to insurance companies overcharging them for prescription drug prices.<\/strong><\/p>\n The IRA also corrupted the popular Medicare Part D. No longer a market-driven program to deliver affordable drugs to seniors, the IRA is trying to turn a successful program into a bureaucratic nightmare with price controls imposed by Washington, creating a new $3 billion bureaucracy that makes medicine less accessible for seniors. This isn\u2019t just about rising premiums; it\u2019s about government interference in patients\u2019 access to essential medications.<\/strong><\/p>\n Vote blue if you want grandma and grandpa to move in with you because they can no longer afford to live on their own!<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" One of the major unintended consequences (at least I think it was unintended) of the Inflation Reduction Act is the impact it will have on America’s senior citizens. While the AARP and the Biden\/Harris administration are touting the agreement to … Continue reading