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Trump promised a trio of payouts to Americans, from $90 to $5,000. Should you expect one?
The White House said the Medicare and ACA payments will reach more than 21 million people, while the $5,000 dividend faces steep fiscal and Senate hurdles.
President Donald Trump promised Americans three government payments ranging from $90 to $5,000 ahead of midterm elections scheduled for November 3, with less than a month remaining before voters cast ballots.
Payments will be drawn from the Medicare Improvement Fund and what the White House called 'overcharges'—excess 'user fees' the Biden administration charged Affordable Care Act enrollees, according to the administration.
More than 20 million Medicare Part B enrollees are eligible for the $90 payment, while nearly 1 million Americans will receive the $500 Affordable Care Act refund, the administration announced.
The proposed $5,000 dividend depends on Republicans winning control of the House and Senate; political analysts say such legislation is unlikely to attain the required 60-vote supermajority in the Senate.
Fiscal experts cast doubt on the $5,000 plan, which could cost more than $1 trillion, as voters express concern over the economy and affordability heading into the elections.