And although House Speaker Kevin McCarthy (R-CA) has stated that the programs are “off the table,” they continue to make this assertion.
McCarthy underlined the need to expand Social Security and Medicare, not eliminate them, in his “Commitment to America” speech in January.
However, Joe Biden still lied about it on Sunday.
Biden lied when he said that “House Republicans were threatening to slash Medicare And Social Security, endangering the dignity of millions of Americans who depend on these services. I won’t permit that. Instead of cutting these programs, we should make them stronger.”
In response to McCarthy’s statement that it was “off the table” in discussions on extending the debt ceiling, Twitter highlighted Biden’s post.
Your lie is very bad when Twitter has to call you out on it.
Furthermore, Biden is lying about the Republicans while taking actions that might harm Medicare seniors.
In the last week, his administration has made two announcements about two cutbacks that will affect Medicare Advantage.
First, it was revealed that the Centers for Medicare and Medicaid Services (CMS) will “claw back $4.7 billion from 2023 through 2032” in overpayments. According to an Avalere research, this might subsequently result in “greater costs to plans,” which “could drive some insurers to walk out of markets — and beneficiaries could face higher rates, fewer plan options, or lower supplemental benefits under the Medicare Advantage program”
The second, more alarming change would mean an average 2.3 percent reduction in baseline payments for Medicare Advantage insurers in 2024, according to Biden’s CMS on Wednesday. That would represent a net loss to the industry of more than $3 billion.
48 percent of Medicare users utilize Medicare Advantage, often known as Medicare Part C, therefore Biden may potentially harm a large number of Americans with such actions. Additionally, a bipartisan majority of senators in the Senate, including John Fetterman (D-PA),Joe Manchin (D-WV), Kyrsten Sinema (I-AZ), Jon Tester (D-MT), and Amy Klobuchar (D-MN), favor Medicare Advantage (D-MN). In a letter to CMS, the bipartisan group begged it to “continue to preserve and improve Medicare Advantage. The senators requested that the Administration provide a stable pricing and regulatory environment for Medicare Advantage that would improve and guarantee the program’s long-term sustainability—protecting access to its significant benefits, on which our constituents have grown to rely.”
Kevin Hern, the chairman of the House Republican Study Committee (RSC), raised the alarm about what Biden was doing. “Biden just reduced over $5 billion in financing for Medicare Advantage, and this is only his first step,” Hern warned of where Biden was headed with this. The ultimate objective is to enroll everyone, not just seniors, in government-run Medicare-for-All programs.”
Therefore, Joe Biden would want to check a mirror before criticizing someone for preying on the Medicare elderly.