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The Latest Breaking News from Medicare

Biden proposes taxes on the rich to cover Medicare expenses

US President Joe Biden is expected to unveil his proposed budget on Thursday as he prepares for likely re-election bid.

Al Jazeera

Biden previews Medicare drug price, tax increase proposals

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

Tribune News Service

Biden previews Medicare drug price, tax increase proposals - Roll Call

Plan would increase taxes on some upper-income business owners to reduce federal deficits, extend Medicare's solvency.

Roll Call

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Biden proposes tax hike on income over $400,000 to fund Medicare

President Joe Biden’s budget will propose hiking payroll taxes on Americans making over $400,000 per year and allowing the government new power to negotiate drug prices as part of an effort the White House says will extend the solvency of a key Medicare program for another quarter century.

Tribune News Service

Chuck Schumer attacks ‘shameful’ Fox News over use of January 6 footage – as it happened

Senate majority leader accuses host Tucker Carlson of ‘manipulating’ images of Capitol attack provided by House speaker Kevin McCarthy

The Guardian - US

Biden says his budget plan would extend Medicare to 2050 without adding to the deficit

President Biden is proposing to raise taxes on people who make more than $400,000 per year to make sure there's enough money for Medicare.

WEKU

Biden will seek Medicare changes in new budget

President Joe Biden has started to unveil parts of his budget proposal being released later this week

The Independent UK

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Medicaid has a target on its back

Some House GOP members told Axios that Medicaid changes could be on the table.

Axios

Despite Anthony Albanese's promise, no Biloela-style intervention for asylum seekers in limbo

Kabir is one of thousands of asylum seekers living in Australia without a visa. He has not been detained, but without the right to work or access to Medicare, he is trapped nonetheless.

ABC News

CBO director to brief House members ahead of budget release

WASHINGTON — Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook as lawmakers consider whether to adjust spending levels in conjunction with lifting the debt limit.

Tribune News Service

Biden's upcoming budget part of 2024 political messaging

President Joe Biden has decided to get out of the White House to unveil his proposed budget this week in Pennsylvania, a must-win state in 2024

The Independent UK

Aggressive Medicare Advantage marketing floods TV and mailboxes with misleading ads. The Biden administration is cracking down

“These third-party groups have gotten very aggressive and creative.”

Fortune

CBO director to brief House members ahead of budget release - Roll Call

Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook.

Roll Call

Rural hospitals that were struggling financially even before the pandemic are running out of COVID aid

Financial pitfalls at the U.S.'s highest-elevation hospital in Colorado serve as a cautionary tale.

Fortune

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Tribune News Service

Commentary: Want to make drugs, including insulin, affordable? End patent abuse

Drugmaker Eli Lilly on Wednesday said it will drop prices on some versions of insulin, and cap monthly out-of-pocket costs at $35 per product for insured individuals not covered by Medicare’s prescription drug program, which also maintains a $35 cap. The welcome move comes as lawmakers in both major parties…

Tribune News Service

Editorial: What insulin should cost: Eli Lilly comes through for Americans with diabetes

A hearty thank you to Eli Lilly, one of the planet’s top three producers of insulin, for slashing the price of its most widely prescribed form of insulin by 70% while capping related out-of-pocket costs at $35 a month. That means diabetics with private insurance will now pay costs on…

The Philadelphia Inquirer

Biden to unveil budget proposal and deficit cuts in Philadelphia on Thursday, White House says

PHILADELPHIA — President Joe Biden is heading to Philadelphia Thursday to unveil his latest budget proposal and plans to protect Medicare, according to the White House.

Newcastle Herald

Cessnock Urgent Care Clinic a step closer with calls for interest

"This will help to take the pressure off our local Hospitals at Cessnock, Kurri Kurri, Maitland, Singleton, and John Hunter."

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The Guardian - US

Trump’s war with DeSantis heats up with details of 2024 battle plan

Axios reports Trump’s intention to attack Florida governor for disloyalty as he prepares for likely face-off in presidential primary

Tribune News Service

Dementia care programs help, if caregivers can find them

There’s no cure, yet, for Alzheimer’s disease. But dozens of programs developed in the past 20 years can improve the lives of both people living with dementia and their caregivers.

The Conversation

My Health Record is meant to empower patients – but with little useful information stored, is it worth saving?

Australia’s My Health Record is a national, integrated electronic record, intended to overcome the problem of having personal health information “siloed” in different systems.

Reason

Decades of Subsidies Have Made the Essentials of Middle-Class Life Increasingly Difficult To Afford

The basics of middle-class life are too expensive. But more subsidies won't help.

Tribune News Service

Obscure law contains debt limit escape hatch for Social Security

WASHINGTON — It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

The Guardian - AU

GPs in community health centres are withering from neglect

Under Medicare, GP clinics that once could provide time and care for the most vulnerable now have to squeeze in as many patients as possible

Roll Call

Obscure law contains debt limit escape hatch for Social Security - Roll Call

It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

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