Turns out biden's policies ended up causing a spike in medicare drug cost. So his solution is to pay off pharmaceutical companies.
Gotta love democrats and their corporate subsidies. Literally enacting poor policies for the express purpose of having an excuse to shovel free cash into the mouths of hungry corporations.
**The best part is** I literally told every libshit on this board this is exactly what would happen back in 2022
https://archive.palanq.win/news/thread/1025059/#q1025103Retard libshits btfo yet again and their corporate masters get another handout yet again
Why are they so stupid.
https://www.politico.com/news/2024/08/13/biden-adiminstration-medicare-drug-premiums-spike-00173308Biden admin to spend billions to blunt spike in Medicare drug premiums
One of President Joe Biden’s signature domestic achievements is set to cause a significant spike in Medicare premiums for millions of Americans just ahead of the November election. Now, his administration is preparing to dole out billions of dollars to private insurance companies to blunt the impact of the increase.
The jump in premiums is a consequence of efforts to reduce what older Americans pay for prescription drugs, part of the 2022 Inflation Reduction Act. Insurance companies are on the hook for what patients used to pay and are raising drug plan premiums to make up the difference.
The new premiums will be released in mid-to-late September and could open up the Harris-Walz campaign to a spate of negative headlines. Vice President Kamala Harris has repeatedly touted the Biden administration’s efforts to lower Medicare costs and weaved the idea through her remarks on growing the “care economy.” A drastic uptick in health insurance premiums a few weeks before the election could muddy that message and give Republicans an easy line of attack, especially as inflation remains a critical presidential campaign issue.
