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House Ways & Means Committee Chairman Smith: CBO Confirms - Biden-Harris Election Year Medicare Cost-Shifting Policy Will Cost Taxpayers Billions
October 04, 2024
WASHINGTON, Oct. 4 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on Oct. 3, 2024:

Yesterday, 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 . . .

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