Do we have a Deal?
Moody's Talks - Inside Economics
00:00
The Biden Budget and Medicare Reform
When social security was put on the planet in the 30s, it was like 90% of earnings were being taxed. And now Medicare, just so I have that right, you're saying if we continue to reform prescription drug pricing, allow the government to negotiate with the prescription drug companies over prices. Did you say? I think, yeah, it was 1.2% increase. You pay a tax on all your wages in Medicare. There's no cap.
Transcript
Play full episode
