President Biden says that he will seek to boost Medicare funding by raising a tax on the wealthy and expanding the program’s ability to negotiate lower prescription drug prices.
“Medicare is more than a government program. It’s the rock-solid guarantee that Americans have counted on to be there for them when they retire,” Biden wrote.
Biden wrote that his budget proposes to increase the Medicare tax rate on income above $400,000 from 3.8 percent to 5 percent. The president also said his proposal will build on drug pricing reforms in the Inflation Reduction Act, which he signed into law last year, strengthening Medicare’s “newly established negotiation power” by allowing the program"to negotiate prices for more drugs and bringing drugs into negotiation sooner after they launch."
Biden said that his proposals would also extend the Medicare trust fund by an additional 25 years,"beyond 2050."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Biden will seek Medicare changes, up tax rate in new budgetPresident Joe Biden has started to unveil parts of his budget proposal being released later this week
Consulte Mais informação »
Biden will seek Medicare changes, up tax rate in new budgetPresident Biden wants to increase taxes to boost funding for Medicare and expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week.
Consulte Mais informação »
Biden will seek Medicare changes, up tax rate in new budgetPresident Biden has started to unveil parts of his budget proposal being released later this week. biden politics kprc2 click2houston
Consulte Mais informação »
Biden will seek Medicare changes, up tax rate in new budgetPresident Joe Biden wants to increase taxes to boost funding for Medicare and expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week.
Consulte Mais informação »
Biden will seek Medicare changes, up tax rate in new budgetThe changes are intended to help shore up a key trust fund that pays for Medicare until the 2050s, about 25 years longer than currently expected.
Consulte Mais informação »
Biden will seek Medicare changes, up tax rate in new budgetWASHINGTON (AP) — President Joe Biden wants to increase taxes to boost funding for Medicare and expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week.
Consulte Mais informação »