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Senate Finance Committee Ranking Member Crapo: CBO Confirms - Biden-Harris Election Year Medicare Cost-Shifting Policy Will Cost Taxpayers Billions in 2025
October 04, 2024
WASHINGTON, Oct. 4 -- Sen. Mike Crapo, R-Idaho, ranking member of the Senate Finance Committee, issued the following news release:

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 billion in 2025, incl . . .

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