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Trump Admin to Cut Medicare Drug Subsidy | UK News

Trump Admin to Cut Medicare Drug Subsidy | UK News

Published 3 days, 5 hours ago
Description

The Trump administration is poised to axe a $3.6 billion Medicare subsidy for prescription drugs, potentially hiking premiums for seniors next year — a move critics fear will squeeze vulnerable older Americans on fixed incomes, while officials frame it as a necessary step toward fiscal discipline.

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