An ‘action tank’ American Action Network has announced the launch of a $1.6 million advertising campaign focusing on what it says is President Obama’s “devastating plan to impose Medicaid-style price controls on the Medicare Prescription Drug Program”.
A series of print, mail and phone ads will target 43 different House Congressional Districts and 13 different Senators.
“President Obama and liberals in Washington are trying to shift the burden of deficit reduction to seniors through a proposal to introduce radical, Medicaid-style rebates to the Medicare Part D program,” said Brian Walsh, president of American Action Network.
“This plan would result in higher premiums and higher prescription drug costs for millions of older Americans. The American Action Network wants to praise principled Members of Congress who are opposing this radical plan to balance the budget on the backs of America’s seniors.”[ Also Read: Can Obama Jobs Plan Reduce Poverty in America? ]
As part of the deficit reduction plan he unveiled last month, President Obama called for adding Medicaid-style “rebates” to the Medicare Part D program. This summer, the American Action Forum released a new analysis relying on Congressional Budget Office reports which found that such a plan would increase monthly premiums by up to 40 percent for more than 17 million seniors.[ Also Read: Facebook’s $10 Million Ads Offer to Small Businesses ]
Specifically, the analysis found that monthly Medicare premiums would increase between 19.6 percent to 39.4 percent for seniors who are not deemed low-income, and the total annual out-of-pocket costs for these seniors would increase between $1.5 billion to $3.7 billion, said American Action Network in a statement issued today, Oct. 5.
To view the ads and see a full list of Members of the House and Senators receiving the ads, you can visit: www.bit.ly/MedicarePartD.
The American Action Network is a 501(c)(4) ‘action tank’ that aims to create, encourage and promote center-right policies based on the principles of freedom, limited government, American exceptionalism, and strong national security.
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