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The Real Cost of Green New Scam: Medicare Drained by the Inflation Reduction Act | Phil Kerpen

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Manage episode 449113188 series 2837473
Content provided by AMAC and AMAC - The Association of Mature American Citizens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AMAC and AMAC - The Association of Mature American Citizens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
On AMAC's Better for America podcast, Phil Kerpen, President of the Committee to Unleash Prosperity, criticized the Biden-Harris “Inflation Reduction Act” (IRA) for worsening inflation and compromising Medicare. Calling the IRA “an attack on Medicare,” he condemned its use of Medicare funds for climate initiatives, saying, “They used Medicare as a ‘piggy bank’” and projected that this could raise premiums for seniors. Kerpen noted the administration's workaround to delay premium hikes until after the election, likening it to a “bribe” for insurance companies. He also argued that AARP’s support of the bill, motivated by financial ties to insurance, worsens these issues: “AARP has become an advocacy arm of the health insurance industry.” Both Kerpen and host Rebecca Weber underscored the long-term damage of these policies, with Weber warning, “It’s bad in the long run.”
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308 episodes

Artwork
iconShare
 
Manage episode 449113188 series 2837473
Content provided by AMAC and AMAC - The Association of Mature American Citizens. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AMAC and AMAC - The Association of Mature American Citizens or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
On AMAC's Better for America podcast, Phil Kerpen, President of the Committee to Unleash Prosperity, criticized the Biden-Harris “Inflation Reduction Act” (IRA) for worsening inflation and compromising Medicare. Calling the IRA “an attack on Medicare,” he condemned its use of Medicare funds for climate initiatives, saying, “They used Medicare as a ‘piggy bank’” and projected that this could raise premiums for seniors. Kerpen noted the administration's workaround to delay premium hikes until after the election, likening it to a “bribe” for insurance companies. He also argued that AARP’s support of the bill, motivated by financial ties to insurance, worsens these issues: “AARP has become an advocacy arm of the health insurance industry.” Both Kerpen and host Rebecca Weber underscored the long-term damage of these policies, with Weber warning, “It’s bad in the long run.”
  continue reading

308 episodes

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