Democrats will stop at nothing to ensure that Kamala Harris gets elected.
There’s no doubt that they will do whatever it takes, even if it means screwing over Americans.
And now Joe Biden spent billions of your tax dollars on this massive election cover-up to protect Kamala Harris.
Biden-Harris regime funneled funding to subsidize Medicare
Earlier this year, Democrats faced a serious problem: part of President Joe Biden’s grossly misnamed “Inflation Reduction Act” was set to spike Medicare premiums for millions of senior citizens just weeks before the 2024 Presidential election.
But that obviously would have had a negative impact on Vice President Kamala Harris’ campaign.
So in order to prevent this political disaster, the Biden-Harris regime used its governmental authority to “reroute” already appropriated taxpayer funds to subsidize premiums and keep senior citizens from finding out that the Biden-Harris regime is raising their Medicare premiums until after the election.
To date, the Biden-Harris regime has forked out approximately $20 billion specifically to cover up the negative impact their so-called “Inflation Reduction Act” is having on working class Americans.
As Kamala touts the cap on Medicare costs to seniors, the reality is that it will cost average taxpayers and seniors a lot of money in the long term.
Rebecca Weber, CEO of the Association for Mature American Citizens (AMAC), spoke to the John Solomon Reports podcast about the issue.
“They created a new program that’s going to send billions to health insurance companies . . . to temporarily offset the premium increases,” she said.
Weber added, “One could really say that they’re buying, you know, off big insurance companies right before an election. And taxpayers, this is important, that people understanding [sic] it, taxpayers are footing the bill today, seniors will pay the price tomorrow.”
Medicare Part D premiums were set to increase in October at the beginning of open enrollment.
The increases almost became a reality as insurance companies felt the pressure over the “Inflation Reduction Act’s” new caps on drug prices.
However, increasing those premiums could have been disastrous for Democrats, who have been bragging non-stop that Kamala cast the tie-breaking vote on the law.
Biden-Harris regime saves the day
Instead of allowing the caps to expire, the Biden-Harris regime jumped in to help.
In July, the Centers for Medicare and Medicaid Services said they launched a new program to stabilize the premiums.
The program spent approximately $5 billion in subsidies for insurance companies to help cover the costs of capping drug prices and other items associated with the “Inflation Reduction Act.”
Price caps were already going to cause federal spending to skyrocket after the Congressional Budget Office found that the financial implications of the “Inflation Reduction Act” were grossly underestimated.
Without government intervention, the changes to Medicare would cause the new average plan for standard Part D coverage to increase by an eye-watering 179% for 2025.
Yet, the new taxpayer-funded subsidy helped counteract those premium increases, making it clear that the Biden-Harris regime stepped in to prevent a potential campaign disaster.
Somehow, Kamala has faced little to no scrutiny for the decision, and she continues to keep praising herself for casting the tie-breaking vote that passed the “Inflation Reduction Act.”
Her campaign says they will “protect Social Security and Medicare against relentless attacks from Donald Trump and his extreme allies.”
But they fail to mention the true cost of their supposed protections for senior Americans.
