Trump announces plan to send $90 payments to millions of seniors
Key Points:
- President Donald Trump announced a plan to send $90 payments to over 20 million older Americans as part of his effort to reduce health care costs.
- The payments would come from approximately $2 billion allocated to improve Medicare’s hospital and medical insurance programs, funds that have remained unused since 2008.
- The Medicare Improvement Fund, which holds this money, has historically been involved in budget maneuvers by both political parties rather than being used for its intended purpose.