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President Biden Budget Proposal Delivers Lower Cost Health Care for Families, Protects and Strengthens Medicare

By March 11, 2024No Comments

Washington, D.C. — Today, President Biden released a proposed budget that builds on the progress of his administration to lower health care costs and improve care for people across the nation. In this budget, President Biden aims to lower prescription drug prices, extend affordable health care coverage through the Affordable Care Act (ACA) and Medicaid, crack down on junk plans and surprise medical expenses, and protect health care for seniors and families for years to come.

Republicans, on the other hand, are doubling down on their efforts to raise the costs of health care, deny coverage to millions of people, and slash funding for critical programs. The GOP 2025 budget resolution includes more than $2 trillion in cuts to health care, largely through drastic cuts to Medicaid and watering down Medicare drug price negotiations.

In response, Protect Our Care Executive Director Brad Woodhouse issued the following statement:

“This budget is a reminder that President Biden is laser-focused on delivering lower cost, better health care to hard-working Americans. In the face of so many attacks on health care from Republican lawmakers, President Biden is doubling down on his efforts to lower drug prices, keep premium costs low, expand Medicaid, and put the health and well-being of families first. By releasing this bold plan to build on the administration’s health care victories, President Biden is addressing the top concern from voters of all parties, and making it clear that he will not let Republicans repeal coverage and hike costs.”