The Biden administration is announcing a proposal to raise taxes on Americans making $400K or more per year to boost Medicare funding “for another generation.” NBC News’ Peter Alexander breaks down the president’s proposal and whether Republican lawmakers are pushing back against the plan.
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#Biden #Medicare #Healthcare
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Yup that's right usa YOU get to pay more tax but don't worry Ukraine says thanks for the 100 billion in "aid"
How about if federal politicians paid in to Social Security and Medicare ?
Hang on I'm on board for this. We tax California and New York and all of the democrats in blue states to fund it and we'll be good.
400k+ per year translates to all working Americans. It never stops at 400k+. They know it would do very little and eventually and usually quickly pass it on to us. Everyone know Biden lies. If you dont know by now, pull your head out of your a$$. He don't even try to hide it anymore.
Better than raising the age to retire.
NO JUAT STOP FUNDI G WARS ALL OVER THE WORLD!!! F BIDEN
He does it when the democrats lose the house, knowing Republicans will say no !!!
Couldn't do it when democrats were in office
If this helps veterans then I'm for it
This raise is how mayor Duggan of Detroit is going to pay for all of this development .mayor Duggan said.."at no cost to you"..
WOW, What a hero, eh nbc? Whatever happened to his inflation reduction act? When can Americans expect to see results?
Politician's broke medicare years ago and have been taxing, borrowing and printing currency robbing Peter to pay Paul and putting a bandage on a severed artery……Time to pay the fiddler ……….
if you make over 400k you're not on this comment section. You can lie, but you're not making that much complaining on here
<Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.>
Nooooooo!
Two points: The wealthy can afford it, and we need to take away Medicare from illegals and other persons who don't deserve it. The latter would save a lot of money.
Why does it says sum Americans like he rising taxes for poor Americans?
Yes they’d better pass legislation to FORCE the richest people to pay mor taxes! They should PAY BILLIONS MORE! Because unequal wealth should not exist!
We should destroy capitalism, the insane WAGE system because USA’s wage system is the cause of world poverty and crimes and wars! USA has killed millions of people worldwide to force all attempts at an alternative system to fail! See ROGUE STATE by Wm Blum and many others at THIRD WORLD TRAVELER!
WE WERE ALL FORCED TO NEED MONEY OVER THE MILLENNIA!
And now most money is just NUMBERS in computers so we can eliminate money and have EQUAL WEALTH WORLDWIDE and end world poverty!
And force corporations to pay billions in taxes because they are slave plantations!
CORPORATIONS ARE SLAVE PLANTATIONS and illegal!
They’re eliminating all jobs with AUTOMATION! Destroy capitalism!
Majority will believe in new ways of building back better best outcomes for all Americans ✏️ in by Joe Biden, started by ObamaCare for the states 🌍
Rich families amass more no matter what else happens…more than they will ever spend and mostly at the expense of everyone else. To the extent that one billionaire has used his extra to stack the Supreme Court. Others have made extra by poor maintenance on railway lines. Others by overcharging for oil and gas. And still Others by paying low wages and even employing immigrant children to work in dangerous jobs. Taxing mega billionaires on ALL their earnings would solve all the countries financial problems and would NOT hurt their elite lifestyle one bit.
Biden will go down in history as one of the most important presidents history the way he is going and trump will go down as the worst president in history fact !!!!!!!!!!!!!!
Anyone making 400k or more can afford a tax hike you go joe I agree with Biden make them pay there fair share !!!!!!!!!! Fact !!!
All politicians should be worried, get your rear ends to work, Americans have had enough of you robbing us!!!!!!!!
$400k people, pay your fair share
Only 54 likes for the most popular President in history? Something don't add up. 🤔
Yeah, get the people who NEED to contribute more! Richer GOP people, OPEN YOUR WALLETS! Yeah, baby! 🤑🤑😂🤑🤑
Let’s let millions come to this country and give um benefits and not make um pay taxes doesn’t that sound good
#OBIDENFORGITMO
"PORPOSES" JUST DO IT! Reintroduce taxes on the rich like they were pre WWII
Medicare is a government national health insurance program in the United States, begun in 1965 under the Social Security Administration (SSA) and now administered by the Centers for Medicare and Medicaid Services (CMS).
It primarily provides health insurance for Americans aged 65 and older, but also for some younger people with disability status as determined by the SSA, including people with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease).
In 2018, according to the 2019 Medicare Trustees Report, Medicare provided health insurance for over 59.9 million individuals—more than 52 million people aged 65 and older and about 8 million younger people.
According to annual Medicare Trustees reports and research by the government's MedPAC group, Medicare covers about half of healthcare expenses of those enrolled.
Enrollees almost always cover most of the remaining costs by taking additional private insurance and/or by joining a public Part C or Part D Medicare health plan.
In 2020, US federal government spending on Medicare was $776.2 billion.
No matter which of those two options the beneficiaries choose—or if they choose to do nothing, beneficiaries also have other healthcare-related costs.
These additional costs can include deductibles and co-pays; the costs of uncovered services—such as for long-term custodial, dental, hearing, and vision care; the cost of annual physical exams (for those not on Part C health plans that include physicals); and the costs related to basic Medicare's lifetime and per-incident limits.
Medicare is funded by a combination of a specific payroll tax, beneficiary premiums, surtaxes from beneficiaries, co-pays and deductibles, and general U.S. Treasury revenue.
Medicare is divided into four Parts: A, B, C and D.
Part A covers hospital, skilled nursing, and hospice services.
Part B covers outpatient services.
Part D covers self-administered prescription drugs.
Additionally, Part C is an alternative that allows patients to choose their own plans that provide the same services as Parts A and B, but with additional benefits.
The specific details on these four plans are as follows:
Part A covers hospital (inpatient, formally admitted only), skilled nursing (only after being formally admitted to a hospital for three days and not for custodial care), home health care, and hospice services.
Part B covers outpatient services (including some providers' services while inpatient at a hospital), outpatient hospital charges, most provider office visits (even if the office is "in a hospital"), durable medical equipment, and most professionally administered prescription drugs.
Part C is an alternative called Managed Medicare or Medicare Advantage, which allows patients to choose health plans with at least the same service coverage as Parts A and B (and most often more), often the benefits of Part D, and always an annual out-of-pocket expense limit which A and B lack. A beneficiary must enroll in Parts A and B first before signing up for Part C.
Part D covers mostly self-administered prescription drugs.
BIDEN ONLY TAXES AMERICANS BIT WONT FINE CHINA ONE DOLLAR
Biden rapes AMERICA with taxes give AMERICA a brake justice for America 50TRILLION will make America great again Trump for AMERICA
BIDEN HATES AMERICA