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House Budget Committee Chairman Arrington: CBO Confirms - Biden-Harris Election Year Medicare Cost-Shifting Policy Will Cost Taxpayers Billions
October 04, 2024
WASHINGTON, Oct. 4 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release:

Yesterday, 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 b . . .

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