Medicare is in Jeopardy Due to Cramer-Supported Tax Legislation
Kevin Cramer has a reckless, dangerous agenda for North Dakota seniors
(BISMARCK, ND) — Today, a new report shows that the Washington Republican tax law that Kevin Cramer (R-Harold Hamm) supported is threatening the future of Medicare for North Dakota seniors. But this isn’t the first time Cramer has tried to ax the programs seniors rely on – he’s salivated over the chance to cut Medicare and Social Security, proposing “means testing” and raising the retirement age.
“Kevin Cramer got into this race to help his wealthy donors like Harold Hamm – not to protect the benefits hardworking North Dakotans have earned,” said Scott McNeil, Executive Director of the North Dakota Democratic-NPL. “As we learn more about this partisan tax bill, it becomes even more clear that it’s a giveaway to the wealthy and corporate CEOs at the expense of programs like Medicare and Social Security. Kevin Cramer’s vote for the tax bill was simply a vote to add more than a trillion to the national debt and to undermine the Medicare system North Dakotans earned – plain and simple.”
In addition to undermining Medicare with his vote for the partisan tax bill, Kevin Cramer also voted for the American Health Care Act – which would have placed an age tax on seniors and astronomically raised the cost of their health care.
Washington Post: A crucial Medicare trust fund will run out three years earlier than predicted, new report says
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The financial future of the part of Medicare that pays older Americans’ hospital bills has deteriorated significantly, according to an annual government report that forecasts that the trust fund will be depleted by 2026 — three years sooner than expected a year ago.
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The report, issued Tuesday by a quartet of Trump administration officials who are trustees for Medicare and Social Security, reveals that policy changes ushered in by the president and the Republican Congress are weakening the financial underpinnings of the already fragile insurance program.
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According to the report, less money will be flowing into the hospital-care trust fund in part because the tax law passed this year.”
