Trump says US to send one-time $90 payment to 20m seniors enrolled in Medicare
Summary
President Donald Trump announced that the US will send a one-time payment of $90 to over 20 million seniors enrolled in Medicare. The payment aims to help with medical insurance costs and will be sent in early October either by direct deposit or mail.Key Facts
- Over 20 million Americans on Medicare will receive a $90 one-time payment.
- The payment comes from the Medicare Improvement Fund, funded by a $2 billion congressional allocation.
- Most seniors will get the $90 payment by direct deposit; others will receive a check by mail.
- The announcement was made by President Trump on social media ahead of the November midterm elections.
- This payment is part of several financial promises Trump has made to voters before the elections.
- Trump also proposed sending $5,000 checks to all adults if Republicans keep control of Congress.
- Nearly 1 million Americans are receiving separate $500 payments as refunds for insurance fees related to the Affordable Care Act.
- The Republican Party currently holds a narrow majority in both the Senate and House, but faces expected losses in the midterms.
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