## Misleading Ads Against Jared Golden: The Truth Behind the Claims
Maine Congressman, Jared Golden, points out the falsehood in the recent TV ads that targeted him. The ads, funded by special interest groups, are aimed at scaring seniors with misleading information. The narrator of the ad claimed that President Joe Biden proposed “massive Medicare Advantage cuts” to pay for the Inflation Reduction Act. The ad also suggests that seniors will lose $540 in benefits.
However, the truth is that the Inflation Reduction Act was paid for in full and even reduced the national budget deficit by nearly $300 billion. This was achieved by closing loopholes that multinational corporations use to avoid paying taxes, which consequently empowers Medicare to negotiate lower prices for prescription drugs for seniors.
Moreover, the law will lower prescription drug prices for Medicare enrollees, set a $35 monthly cap on insulin for beneficiaries, protect seniors from high insulin prices, and put a $2,000 annual out-of-pocket cap for all seniors purchasing prescription drugs. The act also challenges Big Pharma’s hold on prescription drug pricing and attempts to bring savings to regular people by cutting into the companies’ profits.
The American Action Network is the group behind the misleading ad. It is funded by deep-pocketed insurance and pharmaceutical companies who oppose the new law because it will benefit regular people and hurt their profits. The group has received $12 million from Big Pharma and more than $3 million from Aetna, a health insurer.
Congressman Golden criticized the cynical corporations for playing on people’s fears and lying about a new law that will benefit them. He has been taking on the dark money groups that fund fear-mongering ads like this by supporting legislation to increase transparency and force groups spending money in elections to reveal the source of their funds.
## The Fight Against High Prescription Drug Prices
Jared Golden, Maine Congressman, made a commitment five years ago to challenge Big Pharma, lower prescription drug prices and capped prescription drug costs for seniors. He is proud to have delivered on that promise. Many drug companies have charged high prices for drugs for too long, and this law will bring savings to seniors who rely on the benefits of Medicare.
The Inflation Reduction Act is a massive step in the fight against high prescription drug prices. The act will bring relief to seniors and protect them from high insulin prices. It will also put a cap on the annual out-of-pocket expenses for seniors who purchase prescription drugs. Most importantly, it will challenge Big Pharma’s hold on prescription drug pricing and bring savings to regular people by cutting into the companies’ profits.
In conclusion, misleading ads aimed at scaring seniors are false, and the Inflation Reduction Act was paid for in full and even reduced the national budget deficit. The law will bring relief to seniors by lowering prescription drug prices, setting a cap on insulin prices, and putting a cap on out-of-pocket expenses. It is evident that Big Pharma and other pharmaceutical companies are opposing the new law because it will hurt their profits, but Congressman Jared Golden is not backing down and is taking action to increase transparency and force groups spending money in elections to reveal the source of their funds.
Original Story at www.bangordailynews.com – 2023-04-04 15:46:24