President-elect Donald Trump on Tuesday announced his appointment of Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services.
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New Biden-Harris Medicare Pan Could Cost Taxpayers $20 Billion in Election-Year Giveaway, CBO Warns
In an election-year stunner, the Congressional Budget Office is warning the Biden-Harris administration’s new Medicare prescription drug plan could cost taxpayers more than $20 billion over three years.
The budget analysis arm of Congress said the increased costs are due to the government subsidizing many seniors’ premiums by sending money to insurance firms, and it would cost at least $5 billion extra in 2025 alone and add to the deficit.
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