'MAGA Republicans on the Hill say the only way to be serious about preserving Medicare is to cut it,' the president said. 'Well, I think they're wrong.'
—"will be able to pay scheduled benefits until 2028, two years later than reported" in 2021.
"Let's ask the wealthiest to pay just a little bit more of their fair share, to strengthen Medicare for everyone over the long term," the president wrote."This modest increase in Medicare contributions from those with the highest incomes will help keep the Medicare program strong for decades to come. My budget will make sure the money goes directly into the Medicare trust fund, protecting taxpayers’ investment and the future of the program.
The plan also proposes empowering"Medicare to negotiate prices for more drugs and bringing drugs into negotiation sooner after they launch," building onof the Inflation Reduction Act that Biden signed into law last year. The White House plan would then credit the savings from the drug price reforms—an estimated $200 billion over 10 years—to the HI Trust Fund.
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