In yet another blatant attempt to secure votes ahead of the 2024 election, the Biden-Harris regime has found itself embroiled in a massive $5 billion Medicare scandal.
The administration’s $5 billion Medicare stabilization program, announced by the Centers for Medicare & Medicaid Services (CMS) in July 2024, is part of a three-year demonstration project intended to keep premiums lower for seniors.
Senator Rand Paul (R-KY) has sent an urgent letter to the Department of Justice (DOJ), calling for an investigation into whether the move violates the Hatch Act, which forbids the use of taxpayer funds to influence elections.
“We write to you today seeking additional information on the Biden-Harris Administration’s plan to spend over $5 billion in taxpayer-funded subsidies to insurers to offset Medicare premium increases before the November election,” Sen. Paul wrote to Corey Amundson, the Chief of the Public Integrity Section at the DOJ.
“My colleagues and I are concerned that the Biden-Harris Administration is inappropriately using taxpayer funds to mask the defective Medicare Part D policies enacted as part of the Inflation Reduction Act (IRA) of 2022. Given the IRA’s central role in the Biden-Harris Administration’s presidential campaign, these concerns warrant additional investigation.”
It’s no secret that Medicare premiums have skyrocketed, thanks in large part to the IRA’s rushed and poorly designed reforms. In fact, Medicare premiums surged by a staggering 21% in 2023 alone, leaving seniors struggling to afford their prescriptions.
Now, with premiums expected to rise even higher in 2024, the Biden administration’s convenient “solution” has arrived just in time for election season—a move that Paul says smacks of political interference.
The Kentucky senator’s letter goes on to highlight the dubious legality of the administration’s actions.
Hellbound and Down 