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  2. Inflation Reduction Act - Wikipedia

    en.wikipedia.org/wiki/Inflation_Reduction_Act

    Changes to Medicare Part D, low-income subsidies, vaccine coverage, and insulin – $44 billion [7] Increased funding for the IRS for modernization and increased tax enforcement, including the hiring of up to 87,000 new IRS employees – $80 billion [45] [47] $663 billion of the law's climate action investments are embedded in the federal tax ...

  3. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    The FOMC left rates unchanged the day after the Bankruptcy of Lehman Brothers. Official Statement: August 5, 2008 2.00% 2.25% 10–1 The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Official statement: April 30, 2008 2.00% 2.25% 8–2 The FOMC cut rates by 25 basis points.

  4. Medicare Part D - Wikipedia

    en.wikipedia.org/wiki/Medicare_Part_D

    Medicare Part D, also called the Medicare prescription drug benefit, is an optional United States federal-government program to help Medicare beneficiaries pay for self-administered prescription drugs. [1] Part D was enacted as part of the Medicare Modernization Act of 2003 and went into effect on January 1, 2006. Under the program, drug ...

  5. 5 big changes to Medicare 2025 plans you should know ... - AOL

    www.aol.com/5-big-changes-medicare-2025...

    Major changes in 2025 include Medicare Advantage plans and a new $2,000 out-of-pocket max under Part D, eliminating "donut hole" coverage gap. 5 big changes to Medicare 2025 plans you should know ...

  6. What is the Federal Open Market Committee (FOMC)? Meet the ...

    www.aol.com/finance/federal-open-market...

    The FOMC is made up of 12 members: the seven board of governors, the president of the regional New York Fed and four other Reserve Bank presidents located throughout the country.

  7. Harris did not vote to ‘cut Medicare,’ despite Trump’s claim

    www.aol.com/harris-did-not-vote-cut-173729234.html

    The law caps the cost of insulin at $35 per month for most Medicare beneficiaries, establishes out-of-pocket spending limits for Part D drug coverage, and institutes penalties for drug companies ...

  8. Independent Payment Advisory Board - Wikipedia

    en.wikipedia.org/wiki/Independent_Payment...

    Other "savings would have to have been found in private Medicare Advantage plans, Medicare's Part D prescription-drug program, or spending on skilled-nursing facilities, home-based health care, dialysis, durable medical equipment, ambulance services, and services of ambulatory surgical centers". [9]

  9. Omnibus Budget Reconciliation Act of 1993 - Wikipedia

    en.wikipedia.org/wiki/Omnibus_Budget...

    The AMT tax rate was increased from 24% to tiered rates of 26% and 28%. [4] Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments. $255 billion in spending cuts over a five-year period; much of the cuts affected Medicare or the military. [5]