Let the Drug Pricing Games Begin!
nder pressure from the White House, Big Pharma has been touting “discounts” via Direct to Consumer (DTC) websites. Meanwhile, the Trump administration promises to unveil its own prescription website, immodestly named TrumpRx, in 2026. Prescription drug prices obviously are still too high, though President Biden’s Inflation Reduction Act (IRA) of 2022 was beginning to make headway in bringing them down. Unlike Biden’s IRA, these latest gestures by Big Pharma and the Trump Administration should be viewed with a healthy dose of skepticism.
Trump Shutdown Could Snag Social Security, Medicare
In normal times, a government shutdown --- while unfortunate --- would not be cause for immediate alarm for people on Social Security and Medicare. But these are not normal times. The Trump administration has made the shutdown more perilous for the most vulnerable Americans because of its campaign to undermine the delivery of both programs --- not to mention the President’s recent threat to cut benefits.
Social Security Comish Would Consider Raising Retirement Age
Despite Trump’s pledge not to cut Social Security, administration officials keep letting the real agenda slip out. First, Treasury Secretary Scott Bessent hinted that privatizing Social Security was on the table. Now, Social Security Commissioner Frank Bisignano says he’s open to the idea of raising the retirement age. (The current full retirement age is 67; congressional Republicans have floated proposals to raise it as high as 70.) In an interview on Fox Business News last week, host Maria Bartiromo asked Bisignano if he’d “consider raising the retirement age,” to which the commissioner replied, “I think everything’s being considered.”
Upcoming Celebration Event
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House GOP Appropriators Announce 10% Cut in Labor/HHS Spending
House Republicans once again are showing where their true priorities lie. Appropriations committee chair Tom Cole (R-OK) announced the GOP’s topline numbers for fiscal year 2025 --- including at least a 10% cut in funding for Labor/HHS (Health & Human Services). That could mean agencies like the Social Security Administration (SSA) and Center for Medicare & Medicaid Services (CMS) would endure a huge spending cut, while Republican appropriators propose to boost military spending by 1%.
New Biden Administration Rules Aim to Boost Nursing Home Care & Caregivers
The Biden administration is out with a historic, new rules designed to improve elder care --- and protect caregivers. The first rule, issued last week, requires all nursing homes to provide 3.5 hours of daily care per patient by certified nurses’ aides or nurses. Up to now, there has been no minimum federal staffing requirement. Staffing levels were regulated only by the states, insufficiently in many cases.
Wisconsin’s MAGA Senate Candidate in Hot Water again re. Nursing Homes
We blogged a couple of weeks ago about Wisconsin GOP Senate candidate Erik Hovde’s head-scratching comments about seniors in nursing homes supposedly not having the mental capacity to vote. Now, the New York Times has reported, Hovde is financially entangled with a nursing home that is being sued for mistreating patients:
MAGA Wisconsin Senate Candidate Rebuked for Nursing Home Comments
Seniors’ advocates and their political allies are criticizing recent comments by Wisconsin U.S. Senate candidate Eric Hovde suggesting that nursing home residents can't – or shouldn't – vote. Hovde, who is running to unseat incumbent Senator Tammy Baldwin (D-WI), told Fox News’ Guy Benson::: “We had nursing homes where you had 100 percent voting… Well, if you’re in a nursing home, you only have a five, six-month life expectancy. Almost nobody in a nursing home is in a point to vote. And you had children, adult children showing up saying, ‘Who voted for my 85 or 90-year-old father or mother?’” – GOP Senate candidate Eric Hovde These comments by the Trump-endorsed, MAGA Republican candidate drew sharp rebukes as blatantly ageist and fact-free.
Republican Study Committee Budget Cuts Earned Benefits; Keeps Trump Tax Cuts
For solid clues as to what the Republicans would do to Americans’ earned benefits if they maintain power in the House and recapture the Senate and/or the White House, look no further than the House Republican Study Committee (RSC) 2025 budget blueprint. For the second year in a row, the RSC proposes cutting Social Security and Medicare. Rep. Brendan Boyle, Ranking member of the House Budget committee, estimates that these cuts amount to $1.5 trillion for Social Security and $1 trillion for Medicare.
Biden: The Wealthy Will Pay Their Fair Share into Social Security
In Thursday night's State of the Union address, President Biden put himself unequivocally on the side of American seniors and the programs they rely on. He redoubled his commitment to protecting Social Security after confronting congressional Republicans in last year’s speech.