Senior citizens and other Medicare enrollees can now get a break on the cost of their insulin.
They won’t pay more than $35 a month for each insulin prescription that’s covered by their Medicare Part D plan. And they won’t be subject to a deductible for insulin.
The CTC isn’t a new tax credit — it’s been around since the 1990s. But as the nation struggled to emerge from the pandemic in 2021, lawmakers expanded the $2,000 credit to as much as $3,600. As part of that expansion, families received half of the CTC in monthly checks over six months, providing them with as much as $300 per child for each of those months.
That expanded tax benefit, which proved to be immensely popular with families, also helped lift millions of kids out of poverty. Once it expired in 2022, the poverty rate for children soared.
So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?
Wild how you can read all this and walk away thinking I’m the one who is wrong. They made the claim drug price reduction was only for elderly then linked a source that said it was for elderly and other Medicare enrollees. They made the claim CTC only lasted a year then linked a source that said it has been around since 1997 and is still around.
This should be a massive wakeup call to any reasonable person. If you still can’t see that his statements were completely false.
https://www.cnn.com/2023/01/09/politics/inflation-reduction-act-medicare-insulin-cap/index.html
https://www.cbsnews.com/news/biden-budget-tax-child-tax-credit-ctc-eitc-who-qualifies/
So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?
I’ll be amazed if they can read any of that and not go “erm actually that disagrees with my propaganda, I’m gonna call that fake news.”
Wild how you can read all this and walk away thinking I’m the one who is wrong. They made the claim drug price reduction was only for elderly then linked a source that said it was for elderly and other Medicare enrollees. They made the claim CTC only lasted a year then linked a source that said it has been around since 1997 and is still around.
This should be a massive wakeup call to any reasonable person. If you still can’t see that his statements were completely false.