Opinion Today: Joe Biden on his plan to extend Medicare for another generation

His budget will make the Medicare trust fund solvent beyond 2050. [View in browser](~/AAAAAQA~/RgRl6bstP4QoAWh0dHBzOi8vbWVzc2FnaW5nLWN1c3RvbS1uZXdzbGV0dGVycy5ueXRpbWVzLmNvbS90ZW1wbGF0ZS9vYWt2Mj9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDIzMDMwNyZpbnN0YW5jZV9pZD04NzA1NyZubD1vcGluaW9uLXRvZGF5JnByb2R1Y3RDb2RlPVRZJnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xMjcwOTcmdGU9MSZ1cmk9bnl0JTNBJTJGJTJGbmV3c2xldHRlciUyRmFlM2YzMzE4LTIzZDItNWYxYy05YTA4LWQ2ZDNjMmYzYTI2YSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmQALTYHZOuKOjVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAA~~)|[nytimes.com](~/AAAAAQA~/RgRl6bstP0SwaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA)[Continue reading the main story](#a11y-skip-ad-marquee) [Marquee Ad](~/AAAAAQA~/RgRl6bstP0SYaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9MTYyMTM5JmxpPVRZJm09YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDcmcD1UWV8yMDIzMDMwNyZ0ZT0xJm5sPW9waW5pb24tdG9kYXkmZW1jPWVkaXRfdHlfMjAyMzAzMDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [Read more from Opinion](~/AAAAAQA~/RgRl6bstP0S_aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vc2VjdGlvbi9vcGluaW9uP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) March 7, 2023 [Author Headshot] By Vanessa Mobley Op-Ed Editor In a speech he gave in Tampa, Fla., two days after the State of the Union, President Biden framed his party’s commitment to the full funding of government entitlement programs this way: “I know that a lot of Republicans, their dream is to cut Social Security and Medicare,” Biden [told the crowd](~/AAAAAQA~/RgRl6bstP4QYAWh0dHBzOi8vd3d3LndoaXRlaG91c2UuZ292L2JyaWVmaW5nLXJvb20vc3BlZWNoZXMtcmVtYXJrcy8yMDIzLzAyLzA5L3JlbWFya3MtYnktcHJlc2lkZW50LWJpZGVuLW9uLXNvY2lhbC1zZWN1cml0eS1hbmQtbWVkaWNhcmUvP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA). “Let me say this: If that’s your dream, I’m your nightmare.” [In a guest essay published today,](~/AAAAAQA~/RgRl6bstP0TaaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL2pvZS1iaWRlbi1tZWRpY2FyZS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) Biden outlines his plan to stave off Medicare insolvency. Building on what he describes as health care cost savings made possible by the Affordable Care Act, fully funding the Medicare trust fund will rely on a tax on earned and unearned income above $400,000. As Paul Krugman, one of our Opinion columnists, recently explained in [his newsletter,](~/AAAAAQA~/RgRl6bstP0TgaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMi8yMS9vcGluaW9uL21lZGljYXJlLXNvY2lhbC1zZWN1cml0eS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) “Our major social programs are on a trajectory that will cause them to cost more in the future than they do today. But how we deal with that trajectory is a choice, and the solution need not involve benefit cuts.” The president is scheduled to release his budget on Thursday, as Congressional Republicans call for more spending cuts. The process is unlikely to go smoothly. As Maya MacGuineas, president of the Committee for a Responsible Federal Budget, [noted in a statement](~/AAAAAQA~/RgRl6bstP0T1aHR0cHM6Ly93d3cuY3JmYi5vcmcvcHJlc3MtcmVsZWFzZXMvcHJlc2lkZW50LWJpZGVuLXNraXBzLWJ1ZGdldC1kZWFkbGluZS10aGlyZC15ZWFyLXN0cmFpZ2h0P2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA), “Congress has not passed a budget on time in 20 years.” With both parties preparing for the debt ceiling fight to come, the stakes feel especially high. [Read the president’s full essay here.](~/AAAAAQA~/RgRl6bstP0TaaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL2pvZS1iaWRlbi1tZWRpY2FyZS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [[Article Image] Illustration by Shoshana Schultz/The New York Times; photographs by Pete Marovich for The New York Times; and erdikocak, nimon_t, whitemay, via Getty](~/AAAAAQA~/RgRl6bstP0TaaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL2pvZS1iaWRlbi1tZWRpY2FyZS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [GUEST ESSAY Joe Biden: My Plan to Extend Medicare for Another Generation Medicare is the rock-solid guarantee that Americans count on. My budget will make the Medicare trust fund solvent beyond 2050. By Joseph R. Biden Jr.](~/AAAAAQA~/RgRl6bstP0TaaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL2pvZS1iaWRlbi1tZWRpY2FyZS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [Continue reading the main story](#a11y-skip-universal-0) ADVERTISEMENT [Ad](~/AAAAAQA~/RgRl6bstP0SXaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NTk3ODUmbGk9VFkmbT1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkNyZwPVRZXzIwMjMwMzA3JnRlPTEmbmw9b3Bpbmlvbi10b2RheSZlbWM9ZWRpdF90eV8yMDIzMDMwN1cDbnl0QgpkAC02B2Trijo1Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAAA~) Here’s what we’re focusing on today: Editors’ Picks [What These 13 Jewish Americans Are Proud of and Afraid Of The group discusses antisemitism, Israel and the experience of being Jewish in America today. By Adrian J. 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By Christer Wahlberg](~/AAAAAQA~/RgRl6bstP0TRaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL3kyay15b3V0aC5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [Article Image](~/AAAAAQA~/RgRl6bstP0TRaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL3kyay15b3V0aC5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [GUEST ESSAY Rikers Is Already Awful, and It’s Worse if You’re Trans New York City has the chance to oppose the national rollback on trans rights. By Dana Wax](~/AAAAAQA~/RgRl6bstP0ThaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL3Jpa2Vycy1pc2xhbmQtdHJhbnNnZW5kZXIuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDIzMDMwNyZpbnN0YW5jZV9pZD04NzA1NyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xMjcwOTcmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmQALTYHZOuKOjVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAA~~) [Article Image](~/AAAAAQA~/RgRl6bstP0ThaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNy9vcGluaW9uL3Jpa2Vycy1pc2xhbmQtdHJhbnNnZW5kZXIuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDIzMDMwNyZpbnN0YW5jZV9pZD04NzA1NyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xMjcwOTcmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmQALTYHZOuKOjVSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAA~~) [PETER COY The Case Against (Some) Buybacks Not in every instance, but in this one. 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Readers discuss the speed with which a jury convicted Alex Murdaugh of murder. Also: Safeguards for A.I.; appreciating Joe Biden; loyalty programs.](~/AAAAAQA~/RgRl6bstP0TdaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNi9vcGluaW9uL2xldHRlcnMvYWxleC1tdXJkYXVnaC5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [Article Image](~/AAAAAQA~/RgRl6bstP0TdaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyMy8wMy8wNi9vcGluaW9uL2xldHRlcnMvYWxleC1tdXJkYXVnaC5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjMwMzA3Jmluc3RhbmNlX2lkPTg3MDU3Jm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTEyNzA5NyZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) [Continue reading the main story](#a11y-skip-universal-1) ADVERTISEMENT [Ad](~/AAAAAQA~/RgRl6bstP0SYaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9MjAxODEyJmxpPVRZJm09YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDcmcD1UWV8yMDIzMDMwNyZ0ZT0xJm5sPW9waW5pb24tdG9kYXkmZW1jPWVkaXRfdHlfMjAyMzAzMDdXA255dEIKZAAtNgdk64o6NVIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAA) Subscribe Today New York Times Opinion curates a wide range of views, inviting rich discussion and debate that help readers analyze the world. 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