CLAIM: “We will not cut Medicare,” President Joe Biden said at Tuesday’s State of the Union Address. VERDICT: False. Biden’s administration is proposing to cut Medicare Advantage, an integral part of Medicare.
7 Feb 2023VERDICT: False. Biden’s administration is proposing to cut Medicare Advantage, an integral part of Medicare.
President Joe Biden has continued to claim that Republicans want to cut Social Security and Medicare as part of a potential compromise to raise the debt ceiling. However, this has been nixed by Republicans’ chief negotiator, House Speaker Kevin McCarthy , who said that cuts to entitlement programs are not on the table.Social Security and Medicare are a lifeline for millions of seniors.So tonight, let’s all agree to stand up for seniors. Stand up and show them we will not cut Social Security.
President Joe Biden delivers the State of the Union address in the House Chamber of the U.S. Capitol in Washington, DC, on February 7, 2023. However, Biden’s administration has moved to cut Medicare Advantage, or Medicare Part C, which is a public-private partnership in which Medicare pays private-sector health insurers a fixed payment. Breitbart News explained:to claw back at least $4.7 billion from 2023 through 2032 by identifying and recovering alleged overpayments.Medicare Advantage insurers could face an average 2.3 percent cut to baseline payments in 2024.
Biden’s move to axe Medicare Advantage has met swift backlash from Republicans such as House Republican Study Committee
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