President Joe Biden spoke on March 15 about new prescription drug cost savings under his administration, part of a wider effort by the commander in chief to sell the country on his achievements in office. “It makes a difference in people’s lives, what we’re doing,” said at the University of Nevada, Las Vegas. “I’ve been…
Biden in Las Vegas Touts Lower Prescription Drug Prices From Inflation Reduction Act
March 15, 2023
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Biden Admin Anticipates Lower Vaccine Costs for Seniors
March 15, 2023
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Biden administration officials are projecting that seniors on Medicare Part D will save hundreds of millions of dollars on vaccines because of the 2022 reconciliation bill, also known as the Inflation Reduction Act (IRA). Notably, the estimates don’t include COVID-19 vaccines, which fall under Medicare Part B. “The law makes many recommended vaccines free for…
Capitol Report: Lawmakers React to Newly Released Jan. 6 Footage; 2 Americans Murdered in Mexico
March 7, 2023
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Newly released footage of Jan. 6 is making headlines. Lawmakers from both sides of the aisle are now responding to the release. President Joe Biden proposes to raise taxes on the wealthy to fund Medicare. How is the White House framing it, and why do Republicans say they won’t let Biden’s plan see the light…
LIVE NOW: NTD Business (March 7): Biden Plans Tax Hike to Keep Medicare Alive; Fed Chair Powell Signals Increased Rate Hikes
Fed Chair Jerome Powell says interest rates will likely be higher than originally thought. He says the fight against inflation has a long way to go and could be bumpy. President Biden wants to give wealthy Americans a big tax hike—an attempt to address the Medicare funding crisis. Will it work? A bank sues the…
NTD Business (March 7): Biden Plans Tax Hike to Keep Medicare Alive; Fed Chair Powell Signals Increased Rate Hikes
Fed Chair Jerome Powell says interest rates will likely be higher than originally thought. He says the fight against inflation has a long way to go and could be bumpy. President Joe Biden wants to give wealthy Americans a big tax hike—an attempt to address the Medicare funding crisis. Will it work? A bank sues…
Biden Proposal Would Extend Medicare Solvency by 25 Years Through Tax Increase on High Earners
The Medicare Trust Fund will last 25 years longer with lower costs to beneficiaries if President Joe Biden’s proposed budget is adopted, the White House announced on March 7. The statement came two days before the scheduled release of Biden’s full budget proposal and amidst a partisan debate over raising the nation’s debt ceiling, during…
How to Avoid Costly Medicare Mistakes
If you’re approaching 65, signing up for Medicare is looming ahead. It’s the first step to usher in retirement, and there are strict rules as to when you sign up. If you receive your insurance through the public marketplace, it’s imperative that you sign up for Medicare on time. But are there penalties for not…
Sen. Rick Scott Clarifies Exemption of Social Security, Medicare in ‘Rescue America’ Plan
Sen. Rick Scott (R-Fla.) updated his 12-point “Rescue America” policy agenda on Friday, clarifying that the plan would exempt social security or medicare from the plan’s federal legislation renewal requirements. Scott’s Rescue America plan included a proposal to “sunset” federal legislation every five years, subjecting all federal legislation to review before renewal. “All federal legislation…
Senate GOP Has No Plans to Revisit Medicare, Social Security: McConnell
February 14, 2023
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Senate Republicans have no intention of making cuts or changes to Medicare or Social Security programs, according to Senate Minority Leader Mitch McConnell (R-Ky.). McConnell made the declaration at a Feb. 14 press conference at the Capitol when asked whether Sen. Rick Scott (R-Fla.) should disavow a plan he proposed last year that would require…
Capitol Report: 3 Unidentified Objects in North American Airspace; Massive Decrease in Illegal Border Crossings
February 13, 2023
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The White House is addressing the spy balloon and the other objects shot down. What are we learning about the new flying objects, and what’s missing from the latest briefing? Do Republicans want to cut Medicare and Social Security? Facing accusations, lawmakers are trying to make their stances clear with bills and resolutions. The latest immigration…
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