Drugmakers Try To Scare Seniors In Last-Ditch Effort To Stop Democrats’ Economic Plan

1 week ago

The ad running in West Virginia opens with a harrowing scene: An elderly woman waits in a doctor’s office for test results.

Reading from a chart, the doctor delivers the bad news: Sen. Joe Manchin (D-W.Va.) “is negotiating a bill that would strip nearly $300 billion from Medicare.” Research on the treatment the woman is receiving “may be stopped.”

“I wish I had better options for you, but I really think it’s time you started talking to your family,” the doctor adds before walking away and leaving the woman stunned.

The not-so-subtle implication of the ad: The Manchin-crafted economic deal the Senate will vote on this weekend is going to kill grandma.

The 30-second spot from the Center for Innovation and Free Enterprise, targeting the Democrat who crafted the party’s ultimate legislation delivering what’s left of President Joe Biden’s economic agenda, the so-called Inflation Reduction Act, is one of a slew of last-minute ads from conservative and pharmaceutical industry groups aiming to scare senior citizens by falsely implying Democrats are planning to cut Medicare.

The line, which has also been picked up by some Republican politicians, twists the reality of the legislation, which gives Medicare the ability to use its buying power as the nation’s largest health insurance provider to negotiate lower costs from drug companies. That’s projected to save Medicare $300 billion over the next decade ― savings that will go to continuing subsidies for health insurance, reducing the deficit and fighting climate change.

Democrats hope to pass the legislation in the Senate as early as this weekend and for Biden to sign it into law not long after. It would represent a significant achievement, even with the many compromises and concessions that went into the final version, in part because the pharmaceutical industry has been

Read Entire Article