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Benzinga
Benzinga
Business
Tanya Rawat

Kathy Hochul Slams Trump Over Medicare Cut, Says 1.3 Million New Yorkers Will Pay More for Prescriptions: 'A New Assault on Seniors...'

Valhalla,,Ny,,Usa,-,May,10,,2023:,Governor,Kathy,Hochul

New York Governor Kathy Hochul (D) said President Donald Trump’s decision to end a Medicare subsidy program will raise prescription drug costs for about 1.3 million New Yorkers, arguing seniors should not have to bear the additional expense.

In a video shared on X on Wednesday, Hochul criticized the Trump administration for ending a federal subsidy that helped keep Medicare Part D prescription drug premiums lower. She said the move would increase monthly premiums for seniors and accused Republicans in Washington of breaking promises to lower everyday costs.

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