Trump announces US will send $90 checks to 20 million seniors enrolled in Medicare

President Trump announced Friday his administration will pay out a total of around $2 billion in checks to over 20 million seniors to offset Medicare Part B premium costs.

In an evening Truth Social post , the president said this money would be sourced from the Medicare Improvement Fund, which he called a “pointless ‘Slush Fund.’” The fund was created by Congress in 2008 to make improvements to the Medicare fee-for-service program.

“We are finally using this Fund, along with my Most Favored Nations Deals, to substantially LOWER costs for our Seniors,” he wrote in the post. “I pledged to protect and preserve Medicare and Social Security, which were on the verge of RUIN by Joe Biden, who foolishly and maliciously let tens of millions of Illegal Aliens into our Country, and we are doing just that for America’s Seniors.”

The Trump administration will make a one-time direct deposit of $90 to the over 20 million people enrolled in this program starting early this month, according to a White House fact sheet . The standard Part B premium in 2026 is $202.90 a month, according to Medicare .

This new announcement comes as the president faces a downturn in economic approval ratings ahead of the midterm elections, in which the Republican Party is fighting to maintain its control of Congress.

An Associated Press/NORC Research Center poll published Thursday found 65 percent of Americans blame Trump’s policies for rising costs of living in the country. Seventy-three percent said they disapproved of the way he has handled economic issues.

In his Friday evening post, the president also repeated a promise he made at the GOP’s midterm convention last month to distribute $5,000 checks to every U.S. adult if the GOP keeps its majority in both legislative chambers this fall.

“Because I delivered on this very important issue for the American People, they can also rest assured the highly popular $5,000 Trump Dividend will be distributed to every U.S. Citizen if, and when, the Republicans win the Midterm Elections!” he wrote.