Ken Paxton is right. Tax cuts will mean Social Security and Medicare cuts.
It doesn’t matter if you are a Republican or Democrat. Math is math.
Millions of US seniors received unexpected $90 payments this week through the Social Security Administration. The one-time rebate is intended to offset October Medicare Part B premiums. 20.8 million people qualify for the payment, with most receiving direct deposits. Medicare Advantage enrollees, those receiving Medicaid premium assistance, and those paying IRMAA are excluded.
Most eligible beneficiaries should receive the money on or around 08/10. Those without direct deposit will get a paper cheque from the US Treasury. The payment comes from the Medicare Improvement Fund, created to support original fee-for-service Medicare improvements.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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