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Biden new budget proposes Medicare funding boost, lower costs for prescription drugs

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Tue, 2023-03-07 10:24 — mike kraft

Biden will seek Medicare changes, up tax rate in new budget WASHINGTON (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. AP NEWS

ALSO SEE: White House Fact Sheet: The President’s Budget: Extending Medicare Solvency by 25 Years or More, Strengthening Medicare, and Lowering Health Care Costs

AND: Biden proposes expanding Medicare drug negotiation program

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