this post was submitted on 21 Apr 2025
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[–] AppleTea@lemmy.zip 3 points 3 days ago (18 children)

https://www.cnn.com/2023/01/09/politics/inflation-reduction-act-medicare-insulin-cap/index.html

Senior citizens and other Medicare enrollees can now get a break on the cost of their insulin.

They won’t pay more than $35 a month for each insulin prescription that’s covered by their Medicare Part D plan. And they won’t be subject to a deductible for insulin.

https://www.cbsnews.com/news/biden-budget-tax-child-tax-credit-ctc-eitc-who-qualifies/

The CTC isn't a new tax credit — it's been around since the 1990s. But as the nation struggled to emerge from the pandemic in 2021, lawmakers expanded the $2,000 credit to as much as $3,600. As part of that expansion, families received half of the CTC in monthly checks over six months, providing them with as much as $300 per child for each of those months.

That expanded tax benefit, which proved to be immensely popular with families, also helped lift millions of kids out of poverty. Once it expired in 2022, the poverty rate for children soared.

[–] Fizz@lemmy.nz -1 points 3 days ago (13 children)

So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?

[–] AppleTea@lemmy.zip 3 points 2 days ago* (last edited 2 days ago) (12 children)

You know medicare is primarily for retirees, right?

Edit: since you only read the first sentence I quoted from CBS, here's the second:

But as the nation struggled to emerge from the pandemic in 2021, lawmakers expanded the $2,000 credit to as much as $3,600.

and the fourth

Once it expired in 2022, the poverty rate for children soared.

[–] Fizz@lemmy.nz -1 points 2 days ago

Why are you using the word primarily when the original comment said "only". Just admit Medicare doesnt only include old people, its fine.

"Once it expired in 2022" they're not talking about the CTC expiring. There they are talking about the recovery spending plan ending. The CTC still continued after 2022.

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