Biden previews Medicare drug price, tax increase proposals

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Biden previews Medicare drug price, tax increase proposals

Wed, 03/08/2023 - 14:50
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WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upperincome 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. The provisions, which will be included in Biden’s fiscal 2024 budget request coming Thursday, are designed…

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