As the president makes the case for a new plan to extend the solvency of Medicare, he is arguing that “MAGA Republicans” would weaken it with benefit cuts. Follow along for live updates.
, President Biden is seeking a contrast with Republicans that will almost certainly resonate into next year’s presidential campaign. Biden’s plan relies on an increase in the Medicare tax rate on earned and unearned income above $400,000 and strengthening Medicare’s newly established negotiation power on drug prices. In ain the New York Times, Biden argues that Republicans, by contrast, would weaken the program through benefit cuts.
In Tallahassee, one of Biden’s would-be successors, Florida Gov. Ron DeSantis , is poised to deliver a closely watched State of the State address Tuesday. DeSantis has yet to formally announce a 2024 White House bid, but his speech comes amid a spate of national travel, including a visit to the early nominating state of Iowa planned later this week.
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