President Donald Trump announced Friday that 20.8 million Medicare beneficiaries would receive one-time $90 payments to help with premiums, ahead of the Nov. 3 midterm elections. He also repeated a separate pledge to send $5,000 to every adult U.S. citizen if Republicans retain control of the House and Senate.
Trump made the Medicare announcement on social media, according to the Associated Press and CNBC. In a Truth Social video Saturday, he said the $5,000 payments would follow a Republican victory in November. The Associated Press reported that the broader proposal would require congressional approval and could cost more than $1 trillion. CNBC said Trump had not detailed who would authorize the payments or where the money would come from.