President Donald Trump announced at the Republican Party’s midterm convention in Dallas that he would issue a dividend of up to $5,000 to Americans if Republicans keep control of both the House of Representatives and Senate. Trump said the payment would be similar to what a successful company would do, describing it as a dividend for Americans if Republicans win the midterm elections and retain control of Congress. He added that if the “Trump Dividend” is issued, it must be spent in the United States. The announcement came as Trump addressed Republicans ahead of the Nov. 3 midterm election, with the administration also reportedly working on a separate plan to send $500 rebate checks to as many as 1 million people who it says were overcharged for their Obamacare coverage. The Trump administration plans to send the $500 rebate payments through direct deposit to eligible people in 30 states before the midterm election, according to Axios. The administration says the payments are intended for Obamacare enrollees who do not receive premium assistance under the insurance program. The money for the rebates would come from what the White House describes as a $500 million fund containing excess fees paid by Affordable Care Act recipients who were overcharged by insurance companies during the Biden administration. Officials said the excess fees were returned to the government. “That money was over-collected and just sitting there” in government accounts, a US official told Axios. Alabama, Alaska, Arkansas, Florida, Delaware, New Hampshire, Texas, Wisconsin, South Carolina, Michigan, Ohio, Mississippi and Missouri were specifically mentioned as states with relatively large numbers of recipients due refunds. The rebate plan reflects a broader element of Trump’s approach to health care, which involves directly subsidizing more Americans for their coverage instead of paying health insurers. Trump tried and failed to repeal Obamacare during his first term. His administration now plans to use the program as part of its health care strategy while also promoting the rebates ahead of a difficult midterm election taking place amid voter anger over high prices and the war in Iran. Naman is a copy editor at Times Now, with over three years experience in covering US News, politics, global affairs, sports, and other domains. Apart ... View More