President Donald Trump On Friday, he announced plans to send “nearly $100” checks to more than 20 million seniors on Medicare, his latest promise to send money to voters before a critical run of midterm elections in November.
“I am committed to protecting and preserving Medicare and Social Security, which were on the brink of RUIN in Joe Bidenwho stupidly and maliciously let tens of millions of illegal aliens into our country, and that is exactly what we are doing for America’s seniors,” he said. wrote in an article on Truth Social. Checks, Asset said, “would help pay their Medicare Part B premiums.” The funding would come from the Medicare Improvement Fund, which the president has called a wasteful “slush fund” that has only been used by congressional Democrats to pay for waste, fraud and abuse by their special interest friends, and to drive up health care costs.
THE Medicare Improvement Fund was created in 2008 to provide general improvements to the health insurance program and make periodic adjustments to payments to health care providers and suppliers. Money in the fund is generally appropriated by Congress and is not distributed by presidential executive order.
“With this action, President Trump is the first president to use the Medicare Improvement Fund to directly reduce costs for seniors,” the report said. The White House wrote in a fact sheet Friday. The White House announcement specified that the checks would be a one-time payment of $90, which Asset written separately would be published “immediately”.
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