NEW REPORT: GOP Tax Scam Jeopardizing Medicare

In response to a new report revealing that “policy changes ushered in by the president and the Republican Congress” are jeopardizing Medicare, today Democratic Senatorial Campaign Committee spokesman David Bergstein released the following statement:

“Here’s what Republicans have done with their total control of Washington: a health care plan that imposes an age tax on older Americans and a tax scam that jeopardizes the Medicare seniors have earned. The GOP’s agenda is all about helping the wealthy and well-connected at the expense of middle class Americans — but their wrong priorities and expensive, unpopular proposals will drag down every one of their Senate candidates.”

Washington Post: A crucial Medicare trust fund will run out three years earlier than predicted, new report says.

• The financial future of the part of Medicare that pays older Americans’ hospital bills has deteriorated significantly, according to an annual government report that forecasts that the trust fund will be depleted by 2026 — three years sooner than expected a year ago.
• The report, issued Tuesday by a quartet of Trump administration officials who are trustees for Medicare and Social Security, reveals that policy changes ushered in by the president and the Republican Congress are weakening the financial underpinnings of the already fragile insurance program.
• According to the report, less money will be flowing into the hospital-care trust fund in part because the tax law passed this year.”

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