Trump's smaller pre-midterm payments to Medicare recipients

Oct 03, 2026

Trump's latest cash offer to voters has shrunk, landing badly for people already squeezed by high prices and a presidential approval collapse on inflation.

  • The promised payment to Medicare recipients to offset premiums has dropped to $90, down from the $100 floated earlier.
  • Trump's approval on inflation and the cost of living has hit a record low for any president, with the 20 worst readings all from this year.
  • He is spending political energy on scrapping twice-yearly clock changes, and even posted Senator Tom Cotton's cell number to push the bill through.
  • The simultaneous trade wars, including the one with Canada, are seen as unwinnable distractions from the one fight that matters — China.
  • People are cutting back hard: Gen Z is skipping restaurants and haircuts to afford trips, kids say movie tickets are too expensive, and a hospital birth can run close to $27,000 before insurance.

Outlook: With wages trailing prices and no relief in sight, the "no fun economy" is likely to keep dragging on Trump's standing into the midterms.

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