WASHINGTON, July 29 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C. - Today, the Congressional Budget Office (CBO) confirmed in a letter to House Ways and Means Committee Chairman Jason Smith (MO-08), House Budget Committee Chairman Jodey Arrington (TX-19), and House Energy and Commerce Committee Chairman Brett Guthrie (KY-02) that Democrats' Inflation Expansion Act drove a massive increase in Medicare Part D spending, raising costs for seniors and taxpayers.
The confirmation comes in response to a May 2026 letter from Chairmen Smith, Arrington, and Guthrie demanding CBO account for the dramatic upward revision in its Medicare Part D spending projections.
Ways and Means Committee Chairman ...