The White House said the president's budget would lower costs for families and strengthen Social Security and Medicare, including by raising taxes on the most affluent Americans, a nonstarter with ...

The White House has announced a new Medicare rebate for specific drugs that they claim will save patients as much $3,854 a day. On September 30, the Biden Administration announced that as part of ...

The so-called "One, Big Beautiful Bill," spanning over 900 pages, includes the largest cuts to Medicaid in the program's ...

What To Know. On Wednesday, White House spokesperson Kush Desai said in an initial statement to POLITICO that "the Trump administration is committed to protecting Medicare and Medicaid while ...

Biden also proposes $4.7 trillion in tax increases. Of that, $650 billion would come from expanding a Medicare tax surcharge on investment and business income. The budget would apply it to ...

White House officials said Wednesday night they expect US taxpayers to save $6 billion on the new prices, while older Americans could save roughly $1.5 billion on their medications.

The White House said on Wednesday that negotiations with pharmaceutical companies over Medicare drug prices ended with an estimated savings of $6 billion for the first 10 drugs chosen by the program.

The White House notes that the Democratic bill allowed Medicare to negotiate lower drug costs, which AARP cheered as a “historic measure” that would save seniors money.

White House seeks to speed potential Medicare dental expansion in face of expected delays. The changes must still be approved by Congress, but Biden administration officials are already working to ...

The Biden administration is lending its weight to congressional Democrats’ controversial push to allow Medicare to negotiate drug prices. The measure is a key pillar of the White House’s plan ...

But the White House calculates that if Medicare for All were financed through higher taxes, it would reduce GDP over the long run by 9% and household income after taxes and health expenditures by ...