Don't fund Medicare with higher taxes

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Don't fund Medicare with higher taxes
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'[Biden's] plan pledges to extend Medicare's solvency by at least 25 years 'without cutting any benefits or raising costs for beneficiaries.' The president's math doesn't add up,' sallypipes writes.

solvency by at least 25 years"without cutting any benefits or raising costs for beneficiaries."

The president's math doesn't add up. His plan would burden taxpayers while leaving Medicare on the fast track to insolvency.of money in 2028, according to the most recent report from the program's trustees. Medicare's costs are projected to grow faster than the overall economy through the late 2070s. The president insists he can avert catastrophe by raising taxes on individuals who make more than $400,000.

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