Senate Democrats have called on Republicans to take the House-passed Medicare plan off the table in bipartisan deficit reduction talks, claiming that the plan effectively dismantles the program.
Democrats claim that the GOP's Medicare plan, which passed as part of a budget proposal in April, would jeopardize seniors' current benefits and double out-of-pocket costs.
Senators Ben Cardin, D-Md., Sherrod Brown, D-Ohio, and Charles E. Schumer, D-N.Y., are holding a conference call Monday afternoon to urge Republicans to take the plan off the table.
The Senators will also discuss a letter sent to Vice President Joe Biden calling for "unwavering opposition" to the Medicare plan during his discussions regarding a deficit reduction package.
"We are aware the administration has rejected this proposal since its passage by the House, and we applaud your efforts to educate the American people about its serious implications," the Senators wrote in the letter to Biden.
"We encourage you to remain unwavering in opposition to this scheme," they added. "For the good of the nation's seniors, it must remain off the table."
Biden has been holding negotiations with a bipartisan group of House and Senate leaders regarding efforts to reduce the nation's massive budget deficit.
The letter was signed by Sens. Cardin and Brown as well as Sens. Bill Nelson, D-Fla., Claire McCaskill, D-Mo., and Jon Tester, D-Mont.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.