The Real Cost of Green New Scam: Medicare Drained by the Inflation Reduction Act | Phil Kerpen

On AMAC's Better for America podcast, Phil Kerpen, President of the Committee to Unleash Prosperity, criticized the Biden-Harris “Inflation Reduction Act” (IRA) for worsening inflation and compromising Medicare. Calling the IRA “an attack on Medicare,” he condemned its use of Medicare funds for climate initiatives, saying, “They used Medicare as a ‘piggy bank’” and projected that this could raise premiums for seniors. Kerpen noted the administration's workaround to delay premium hikes until after the election, likening it to a “bribe” for insurance companies. He also argued that AARP’s support of the bill, motivated by financial ties to insurance, worsens these issues: “AARP has become an advocacy arm of the health insurance industry.” Both Kerpen and host Rebecca Weber underscored the long-term damage of these policies, with Weber warning, “It’s bad in the long run.”