Could the Inflation Reduction Act be Repealed?

somarco

GA Medicare Expert
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Atlanta
With the Republican House majority officially secured, Republicans will have a trifecta come January 20. They need to use their newfound power to repeal the so-called Inflation Reduction Act in its entirety.

Democrats passed the IRA without a single Republican vote through budget reconciliation. Republicans can repeal it without a single Democratic vote through budget reconciliation.

The law never had anything to do with inflation. Immediately after Congress passed it, the media called it what it always was: a climate and health-care law. Joe Biden himself has said more than once that the law wasn’t about reducing inflation.

Medicare Part D plans have been disappearing or increasing in price as a result of the changes the IRA made to the program. The Biden administration has been quietly trying to bail out insurers to paper over the law’s failure.

 
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