https://www.foxnews.com/politics/seven-figure-ad-campaign-exposes-billions-bidens-medicare-cuts-after-accusations-gop-wants-slash
Republicans are pushing back on President Biden’s proposed cuts to Medicare Advantage with a new ad campaign upwards of $2 million after the president claimed the GOP is looking to cut Medicare and Social Security funding.
According to a new Congressional Budget Office (CBO) report, Biden moved $307 billion away from Medicare Advantage for green energy projects and to fund his expansion of the Internal Revenue Service (IRS), among other projects, effectively offsetting the cuts.
The CBO report found that Biden spent $80 billion of the Medicare Advantage cut cash for IRS expansion, $76 billion "to reduce greenhouse gasses," and $36 billion on refundable tax credits for green energy, among other projects.