Biden’s American Families Plan Makes Enhanced ACA Subsidies Permanent, Punts On Medicare, Drug Pricing

The Biden administration’s American Families Plan, set to be unveiled Wednesday night, invests $200 billion to make permanent the rescue plan’s hiked Affordable Care Act tax credits, which the White House is framing as a tax cut for millions of families that would be offset through tax reforms. The proposal also stresses the president is still committed to let Medicare negotiate drug prices, lower the Medicare enrollment age to 60, create a public option and close the Medicaid gap, although...