Senate Democrats

Reid Spokesman: GOP Should Admit Their Plan Hikes Drug Prices For Seniors To Finance Tax Breaks For The Rich

Washington, D.C. – Jon Summers, spokesman for Nevada Senator Harry Reid, released the following statement in response to continued lies from Republicans about their dangerous plan to finance tax breaks for millionaires and billionaires by ending Medicare in ten years and immediately reopening the doughnut hole for today’s seniors:

“Spin can’t change the fact that Republicans’ plan reopens the doughnut hole, costing seniors more than $2 billion next year alone. No matter what they say, the fact is the GOP wants to finance their tax breaks for millionaires and billionaires by hiking prescription drug prices for seniors.”

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Myth: House Budget Committee Chairman Paul Ryan wrote, “The House Republican budget keeps America’s promises to seniors and those near retirement by making no changes to their current arrangements.”

Fact: Under the GOP budget, Wisconsin seniors will pay $39 million more for their prescription drugs next year alone.

Myth: House Majority Leader Eric Cantor said yesterday, “Now we are also saying for today’s seniors as well as those nearing retirement, we’re not touching your benefits because we know the political peril that is attached to that.”

Fact: Under the GOP budget, Virginia seniors will pay $51 million more for their prescription drugs next year alone.

Myth: “If you are 55 and older, it would mean no changes to Medicare whatsoever,” said U.S. Rep. Mario Diaz-Balart, R-Miami.

Fact: Under the GOP budget, Florida seniors will pay $155 million more for their prescription drugs next year alone.

Myth: “These programs would only affect people 54 and under,” said U.S. Rep Todd Rokita (R-IN).

Fact: Under the GOP budget, Indiana seniors will pay $54 million more for their prescription drugs next year alone.

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