Joco Today

The Wall Street Journal's Editorial Board has raised concerns about a new policy from the Harris-Biden Administration. The piece, titled "A Medicare Election Bribe for Seniors," criticizes the administration's subsidy plan for large insurance companies. According to the editorial, this initiative is seen as an attempt to influence American seniors before the upcoming November election.

The article highlights that the nonpartisan Congressional Budget Office (CBO) estimates this plan could cost taxpayers an additional $5 billion in the next year alone.

"Democrats failed to appreciate that there’s no such thing as a free entitlement expansion," states the editorial, pointing out potential financial implications of the policy.

Readers can access both The Wall Street Journal's editorial and CBO's analysis through provided links.