June 05,2018

Wyden Statement on Medicare’s Solvency and Trump’s Tax Law

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement in reaction to the news that a major source of funding for Medicare will be depleted three years earlier than previously expected:

“This report should eliminate any doubt that Trump’s tax law yanked Medicare closer to insolvency. Between reviving junk insurance plans, sending premiums into the stratosphere, and doing serious damage to Medicare’s finances, the president’s rap sheet on health care gets worse by the day.”