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Read the letter Trump is sending along with $500 checks to nearly 1 million Americans for ACA 'refunds'

Trump is sending $500 checks to nearly a million Americans insured under the ACA ahead of the midterms, with a letter promoting his healthcare record.

President Donald Trump has announced that he will be sending nearly 1 million Americans $500 checks, along with a letter, to compensate them for what the Biden administration allegedly overcharged on Affordable Care Act (ACA) health insurance plans. The checks are being released by the US Treasury to over 950,000 Americans across 30 states who were enrolled in ACA health insurance plans.

The letter from Trump, set to be mailed out on Thursday, claims that the money belongs to hard-working Americans and is being returned to them instead of being used by the government. The payments come about a month before the midterm elections and are part of Trump's trend of promising cash payments in his second term. If Republicans maintain control of the House and Senate in November, the president has previously promised to send every American adult a $5,000 dividend.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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