Jim Cramer: Buy these 4 ‘bargain basement’ stocks to take full advantage of the omicron selloff — wait too long and you’ll kick yourself

Associated Press

Sanders to Biden: Cut back looming Medicare premium hike

Sen. Bernie Sanders is asking the White House to cut back a big Medicare premium hike set to take effect in weeks and tied to a pricey Alzheimer’s drug whose benefits have been widely questioned. In a letter Friday to President Joe Biden, the Vermont Independent called on the president to act immediately to prevent the portion of an “outrageous increase” in Medicare premiums that’s attributable to Aduhelm, a newly approved Alzheimer’s medicine from drugmaker Biogen, priced at $56,000 a year. If Biden agreed and found a way to do it, a planned January increase of $21.60 a month to Medicare’s “Part B” premium for outpatient care would be slashed closer to $10.