Healthcare
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Biden Proposes Taxes on the Rich to Strengthen Medicare Funding
Biden’s plan would increase the Medicare tax rate on Americans earning above $400,000 from 3.8% to 5% to help keep Medicare solvent into the 2050s. No one earning under $400,000 a year would pay a dime more in taxes, under Biden’s plan.
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Millions of Americans Could Lose Medicaid Coverage Later This Year When the COVID-19 Emergency Ends. Here’s What You Need to Know.
The Biden administration announced recently that the U.S. will no longer be in a COVID-19 emergency as of May 11, which means that an estimated five to 14 million Americans could lose access to health insurance via Medicaid.
