Separately, Trump reiterated a pledge to issue a $5,000 "Trump Dividend" to all 316 million U.S. citizens, including children, if Republicans win the 2026 midterm elections. The proposed distribution would cost approximately $1.58 trillion and be funded through tariff revenues. The administration is also distributing $500 refund checks to nearly 1 million Americans who were overcharged for plans under the Affordable Care Act.
Wednesday, October 21, 2026
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Trump Issues $90 Medicare Payments to 20 Million Seniors
US Politics17 days ago
The Trump administration is activating a $2 billion account to provide one time financial assistance for monthly health insurance premiums starting in October. Payments of nearly $100, specifically $90 per person, will be sent to more than 20 million seniors to help cover Medicare Part B premiums. The White House stated that this is the first time a president has used the Medicare Improvement Fund to directly lower costs for individuals, with most funds to be delivered via direct deposit in early October.
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