The Inflation Reduction Act proposes to raise over $700 billion in new revenues over 10 years to be spent on energy, climate change initiatives, health care and deficit reduction. But not all of those revenues come via higher taxes. More than half comes from health care savings and from beefed up IRS tax enforcement.
As part of his plan to downsize the federal government, Republican Sen. Rick Scott says he wants all federal legislation to “sunset” in five years, and “[i]f a law is worth keeping, Congress can pass it again.” Well, Social Security, Medicare and Medicaid were all created by legislation. And now Democrats are saying Republicans want to end those programs.
Sen. Rick Scott went too far in claiming that Medicare will go “bankrupt” in four years and Social Security in 12 years. Government trustees project that certain trust funds would become depleted by then, but payments would continue, albeit at a reduced rate.
Democrats tried but failed to expand Medicare coverage to include dental benefits in the Build Back Better bill. Yet a Facebook post tells seniors they have until Jan. 31 to apply for “free dental work” under a recently announced Medicare “stimulus.” There is no such program, and traditional Medicare doesn’t cover dental work except in rare circumstances.
In TV ads, the pharmaceutical industry claims congressional plans to allow the federal government to negotiate drug prices in Medicare would deny beneficiaries’ access to medicines their doctors prescribe. Experts say that’s unlikely, and an inaccurate portrayal of recent legislation.
We identified 46 false and misleading claims Trump made in six stump speeches from Oct. 12 to Oct. 16.
In a Florida speech about senior citizens, President Donald Trump made misleading comparisons of Medicare costs under his administration and his predecessor’s.
A compendium of the top false and misleading claims by the Democratic presidential candidate.
President Donald Trump recently signed executive orders that he says will reduce drug prices by 50% “and even greater, in certain instances.” That could happen for some individuals, but it remains to be seen how the orders will be implemented and whether they will result in such large reductions.
In what has become an annual Washington exercise, Democrats and Republicans are waging a war of words over the president’s proposed budget and how it would affect programs for seniors. President Donald Trump tweeted that he “will not be touching your Social Security or Medicare” in the budget, while Democrats have charged it does exactly that.