House bill to raise Medicare premiums for wealthy

Republican bill to raise Medicare premium for more affluent seniors GOP officials on Wednesday announced House Republicans plan to propose a gradual Medicare premium increase for the wealthy. Premiums would reach as much as $319.70 per month for seniors whose annual income exceeds $214,000. The measure, which has a Dec. 31 deadline for action, is an effort to provide cost coverage for renewing long-term unemployment benefits and Social Security payroll tax cuts. Yahoo!/The Associated Press (12/6)

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