Biden healthcare plan would curb drug prices, raise taxes on rich

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Biden healthcare plan would curb drug prices, raise taxes on rich
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Former U.S. Vice President Joe Biden, the front-runner in the Democratic presidential race, unveiled a healthcare plan on Monday estimated to cost ...

WASHINGTON: Former US Vice President Joe Biden, the front-runner in the Democratic presidential race, unveiled a healthcare plan on Monday estimated to cost US$750 billion and paid for partly by higher tax rates for the wealthy and doubled tax rates on capital gains.

Trump has sought to scrap Obamacare, but Republicans in Congress failed to overturn it. The law currently faces another court challenge. Biden's plan would increase the value of tax credits received by people who use the plan, a move designed to help them lower their premiums.

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