House Budget Committee Chairman Rep. Paul Ryan, R-Wis., a member of the House Ways and Means Committee, holds a copy of President Barack Obama's fiscal 2014 budget proposal book as he questions Health and Human Services Secretary Kathleen Sebelius on Capitol Hill in Washington, Friday.

WASHINGTON (AP) — President Barack Obama’s new 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 details of the plan Friday after Health and Human Services Secretary Kathleen Sebelius testified before the Congress on the president’s budget. The details had not been provided when the budget was released earlier in the week.

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