All articles tagged with #economic relief
President Trump announced a one-time $90 payment for 20 million seniors to offset Medicare Part B premiums, funded by the Medicare Improvement Fund. The payments, arriving in October, exclude those with Medicaid or Medicare Advantage. Critics argue the move diverts funds meant for program operations and offers limited relief against rising costs.
President Donald Trump announced that his administration will issue $500 rebate checks to approximately 1 million Americans in 30 states who use the federal Affordable Care Act (ACA) exchange. The payments, totaling $500 million, are funded by surplus user fees from the ACA marketplace and are scheduled to begin in October. The move targets middle-income households that lost enhanced premium subsidies at the end of 2025, coinciding with the November midterm elections.
New Mexicans who previously filed taxes could get up to $1,000 in rebates as part of a second round of economic relief. Single tax filers will get $500, while married couples are eligible for $1,000. Rebate checks will be automatically sent via direct deposit to those who used it when filing their 2021 tax returns. Low-income New Mexicans who do not file income tax returns can also apply for an economic relief payment on a first-come, first-served basis. More than $15 million is available for this round of payments.