House Republican Bill Would Force Massive Cuts to Medicare Benefits

The White House on Saturday condemned a newly introduced Republican bill that would repeal the Inflation Reduction Act, a law that includes a number of changes aimed at lowering costs for Medicare recipients. Unveiled Thursday by freshman Rep. Andy Ogles (R-Tennessee), the bill has 20 original co-sponsors and is endorsed by several right-wing groups, including the Koch-funded organization… Source Source / Read More: House Republican Bill Would Force Massive Cuts to Medicare Benefits

GOP Plan to Cut Social Security and Medicare Is Disliked Among Republican Voters

New polling finds that the GOP’s plan to force cuts to Social Security and Medicare through debt ceiling legislation is vastly unpopular — even among a majority of the Republican voter base. According to a new survey by Data for Progress, 63 percent of all voters think that House Republicans should allow the debt limit to be raised to avoid economic disaster, without executing their cynical plan… Source Source / Read More: GOP Plan to Cut Social Security and Medicare Is Disliked Among Republican Voters

GOP Lawmaker Says Programs Like Social Security Are “Garbage” That Must Be Cut

As Republicans prepare to wage a war on crucial anti-poverty programs when they take control of the House, using the debt limit and major risks to the economy as a weapon, some members of the GOP are threatening to vote against raising the debt limit no matter what. According to CNN, several Republicans are saying that they will still vote against a bill raising the debt limit even if Republicans… Source Source / Read More: GOP Lawmaker Says Programs Like Social Security Are “Garbage” That Must Be Cut

High-Ranking Senate Republican Reveals GOP Plan to Slash Social Security

The GOP is preparing to use next year’s debt limit talks to potentially hold the economy hostage in order to slash crucial anti-poverty programs like Social Security, according to a new interview with the Senate’s second ranking Republican. Sen. John Thune (R-South Dakota) said that slashing such programs would be a “solution” to the national debt — an issue that Republicans only bring up in… Source Source / Read More: High-Ranking Senate Republican Reveals GOP Plan to Slash Social Security

$35 Insulin Caps for Medicare Patients Is Not Enough

Originally published by Prism. The sky-high cost of insulin is causing adults in the U.S. with diabetes to ration their medication. According to the American Diabetes Association (ADA), people with Type 1 diabetes need about two-to-three vials per month, which could total up to $1,000 or more. For those working to make ends meet, paying up to $300 a vial is near impossible, pushing people to either take less insulin than normal or skip a dosage entirely — putting their lives at risk. Though President Joe Biden recently signed the Inflation Reduction Act, which caps the monthly cost of insulin…

Sanders Seeks Role as Senate Health Chair With “Focus on Universal Health Care”

Sen. Bernie Sanders (I-Vermont) announced on Thursday that he is seeking to become the chair of a powerful Senate committee that has wide influence over what he is planning to prioritize in the role: Medicare for All, workers’ rights and affordable college. The Vermont senator is likely to take the helm of the Senate Health, Education, Labor, and Pensions (HELP) Committee, where he has previously served as a member. From the top spot, he will be able to steer the committee’s priorities on health policy and other areas of special interest to progressives. “As chairman of the committee, he will…

Sanders: GOP Wants to Repeal Estate Tax, Give Elon Musk’s Family $83B Tax Break

Sen. Bernie Sanders (I-Vermont) denounced the Republican Party’s economic plans on Thursday, calling Republicans out for pursuing moves like repealing the estate tax, which would only serve to further consolidate wealth within the richest groups of U.S. society. At a rally for Democratic gubernatorial candidate Tina Kotek and congressional candidate Val Hoyle in Oregon, Sanders sharply criticized Republicans for wanting to repeal the estate tax — the tax on property passed onto a person’s heirs when they die. Because there is a relatively high exemption amount for the estate tax of about $13 million for individuals and $26 million for…

GOP Plan on Threatening Recession if They Can’t Cut Medicare, Social Security

If Republicans take control of the House this fall, they plan on using debt limit talks — and the possibility of throwing the U.S. into default — if they don’t get their way on slashing government programs. According to a new interview with House Minority Leader Kevin McCarthy (R-California), the party is planning on using must-pass debt ceiling legislation to force through the GOP’s agenda. “You can’t just continue down the path to keep spending and adding to the debt,” McCarthy said in an interview with Punchbowl News, ignoring the fact that economists view national debt obligations as often signaling…

GOP Plans to Gut Social Security and Medicare If It Retakes Control of Congress

The Democratic chair of the congressional Joint Economic Committee warned Wednesday that the GOP’s plan to use a looming debt ceiling fight as leverage to secure cuts to Social Security and Medicare would be “economically catastrophic for seniors, families, and our entire economy.” “Past debt-limit brinksmanship resulted in the first-ever downgrade of the U.S. credit rating and cost the country billions of dollars in lost economic activity, even though a default was ultimately avoided,” Rep. Don Beyer (D-Va.) said in a statement after several House Republicans outlined their intentions in interviews with Bloomberg Government on Tuesday. “This announcement comes after…

Biden Announces Hearing Aids Will Soon Be Able to Be Sold Over the Counter

Millions of Americans who need hearing aids will be able to purchase them over the counter as soon as this fall under a new Food and Drug Administration (FDA) rule that will likely also lower costs, the Biden administration has announced. The FDA finalized a rule on Tuesday that would create a new over-the-counter category for hearing aids, which the agency says will largely benefit those who experience mild to moderate hearing impairment. As soon as mid-October, those with hearing loss will be able to purchase aids online or in-store without a prescription or an appointment with a medical professional.…

Pharma Claims Drug Price Reform Hurts Innovation. Experts Say That’s “Bullshit.”

For decades, the drug industry has yelled bloody murder each time Congress considered a regulatory measure that threatened its profits. But the hyperbole reached a new pitch in recent weeks as the Senate moved to adopt modest drug pricing negotiation measures in the Inflation Reduction Act. The bill “could propel us light-years back into the dark ages of biomedical research,” Dr. Michelle McMurry-Heath, president of the Biotechnology Innovation Organization, said last month. Venture capitalists and other opponents of the bill said that it “immediately will halt private funding of drug discovery and development.” Steve Ubl, leader of the ubiquitous Pharmaceutical…

NDN Changemaker Showcase Features 14 Indigenous Leaders from Across Turtle Island, Puerto Rico, and the Pacific Islands

The two-day event featured NDN Changemaker Fellows who are radically transforming Indigenous communities by defending Indigenous lands and rights, developing sustainable solutions for the future, and decolonizing their day-to-day lives, their families, communities and Nations.