APNewsBreak: Upper-income seniors’ Medicare hike

Health and Human Services (HHS) Secretary Kathleen Sebelius testifies on Capitol Hill in Washington, Friday, April 12, 2013, before the House Ways and Means Committee hearing on President Barack Obama's budget proposal for fiscal year 2014, and the HHS. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — President Barack Obama's plan to raise Medicare premiums for upper-income seniors would create five new income brackets to squeeze more revenue for the government from the top tiers of retirees, the administration revealed Friday.