CBO Confirms: Biden-Harris Election Year Medicare Cost-Shifting Policy Will Cost Taxpayers Billions in 2025
October 03, 2024
October 03, 2024
WASHINGTON, Oct. 3 -- Sen. Mike Crapo, R-Idaho, issued the following news release:
The nonpartisan Congressional Budget Office (CBO) released its analysis of a newly announced Biden-Harris program intended to paper over the flaws of the so-called Inflation Reduction Act (IRA). Based on CBO estimates, this election-year stunt to artificially lower the cost of seniors' Part D premiums will cost taxpayers at least $7 billion in 2025, including $2 billion in additional interest on our a . . .
The nonpartisan Congressional Budget Office (CBO) released its analysis of a newly announced Biden-Harris program intended to paper over the flaws of the so-called Inflation Reduction Act (IRA). Based on CBO estimates, this election-year stunt to artificially lower the cost of seniors' Part D premiums will cost taxpayers at least $7 billion in 2025, including $2 billion in additional interest on our a . . .