Coalition Against Socialized Medicine Statement on President Biden’s 2024 Budget
ALEXANDRIA, VA, March 10, 2023 – The Coalition Against Socialized Medicine (CASM), a broad coalition of leading conservative and free-market groups such as the Conservative Political Action Coalition (CPAC), Heritage Action, FreedomWorks, the National Taxpayers Union, Club for Growth, Citizens Against Government Waste, American Commitment, and the Committee to Unleash Prosperity, has issued the following statement on President Biden’s 2024 Budget Proposal, attributable to Jack Kalavritinos, Executive Director, Coalition Against Socialized Medicine.
“President Biden’s healthcare budget plan is nothing more than a soaring tax hike disguised as an attempt to shore up Medicare, a program whose insolvency Republicans have warned about for years. Ironically, Medicare’s descent to insolvency was hastened by the Democrats’ effort to fund Obamacare in 2010 and add funding in President Biden’s so-called Inflation Reduction Act last year. Their efforts took nearly $1 trillion out of Medicare to pay for healthcare subsidies to other favored voting blocks.
They hoped seniors wouldn’t notice. With Medicare barreling toward insolvency, the only solution for the White House is to raise taxes.
Instead of fixing the program by paying back the pilfered funds, this plan extracts more money from taxpayers without putting the program on sound fiscal footing to protect future generations.
Even more dangerous is the President’s push for more pharmaceuticals into the forced socialized medicine-style negotiation scheme that the so-called Inflation Reduction Act forced onto Medicare drugs. So now, government bureaucrats, who only want to see the end of the free-market drug pricing system, will control even more treatment prices at the expense of less innovation. Seniors deserve better than this.”