Today's Video Headlines: 10/9/24
, saying: “It’s just about helping an aging parent or person — you know — prepare a meal, put their sweater on” while relieving Americans of the cost of transferring loved ones to a residential care facility.
But Mark Warshawsky, a senior fellow at the American Enterprise Institute focused on long-term care issues, told the Post the plan “will be very expensive for the taxpayer” and a “much larger” price tag than the Democratic campaign is estimating to expand in-home care, which currently costs $130 billion nationwide.
“With one hand proposes to increase Medicare long-term-care spending by $40 billion,” Cannon explained: “With the other hand, she proposes to cut $40 billion of Medicare drug spending—all without denying benefits to anyone.” The AEI fellow also said it was “very misleading” for the campaign to claim the government would “save money by providing home care as opposed to nursing home care.”
The Harris plan will likely increase federal spending and broaden entitlements when Americans are already suffering from higher prices, said the experts, with Cannon pointing to a Congressional Budget Office projection that the federal budget deficit reached $1.9 trillion as of Sept 1.
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