Biden Admin Criticized Over Medicare and SBA Policies
Biden Admin Criticized Over Medicare and SBA Policies
Biden Admin Criticized Over Medicare and SBA Policies
News summary

The Biden-Harris administration's Inflation Reduction Act has enabled Medicare to negotiate with pharmaceutical companies, resulting in significant discounts on ten popular drugs, potentially saving Medicare $6 billion and reducing seniors' out-of-pocket expenses by $1.5 billion. However, critics argue that the administration is using taxpayer funds to mask substantial upcoming increases in Medicare premiums, with projections indicating premiums may triple by 2025. To mitigate voter backlash, the Centers for Medicare and Medicaid Services (CMS) have introduced a three-year subsidy program, which some Republicans claim lacks legal standing and serves political purposes. Additionally, the administration faces criticism for allegedly diverting resources from small business programs to climate initiatives. These actions have led to accusations of using federal funds for political gain and have sparked calls for investigations into the administration's policies.

Story Coverage
Biden admin to spend billions to blunt spike in Medicare drug premiums
Biden-Harris administration using taxpayer money to mask Medicare premium hikes before election: critics
GOP Senators Accuse Biden-Harris Admin Of Diverting Small Business Resources To ‘Green New Deal Handouts’
GOP Senators Accuse Biden-Harris Admin Of Diverting Small Business Resources To ‘Green New Deal Handouts’
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75% Right
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Left 25%
Right 75%
Coverage Details
Total News Sources
4
Left
1
Center
0
Right
3
Unrated
0
Last Updated
35 days ago
Bias Distribution
75% Right

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Story Coverage
Biden admin to spend billions to blunt spike in Medicare drug premiums
Biden-Harris administration using taxpayer money to mask Medicare premium hikes before election: critics
GOP Senators Accuse Biden-Harris Admin Of Diverting Small Business Resources To ‘Green New Deal Handouts’
GOP Senators Accuse Biden-Harris Admin Of Diverting Small Business Resources To ‘Green New Deal Handouts’
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