Medicare Premiums Soar as Election Nears, Sparking Controversy

Biden-Harris administration faces scrutiny over rising costs and subsidies intended to offset premium hikes before the election

Medicare Part D premiums have risen significantly due to the Inflation Reduction Act, with a projected increase of over 50% next year.
The Biden-Harris administration is using Medicare trust funds to subsidize premiums, a move critics call an election gimmick.
House Republicans are investigating these subsidies, arguing they create long-term fiscal uncertainty.
The administration also faces accusations of diverting Medicare funds to green energy initiatives and healthcare for undocumented immigrants.
Vice President Kamala Harris defends her healthcare policies, emphasizing efforts to cap drug prices and expand benefits.