To amend part B of title XVIII of the Social Security Act to repeal the income-related increase in part B premiums that was enacted as part of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (Public Law 108-173).

Amends title XVIII (Medicare) of the Social Security Act to repeal the income-related increase in Medicare part B (Supplementary Medical Insurance) premiums that was enacted as part of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, as amended by the Deficit Reduction Act of 2005.