What to Know for Friday, September 11th, 2026: |
1: Trump pledges $5,000 dividend to every U.S. adult if Republicans win midterms — $1.35T price tag draws backlash from both parties |
|
|
President Trump announced September 9 during Republican National Convention that every U.S. adult citizen would receive $5,000 "dividend" conditional on GOP midterm victory — extremely light on details sparking immediate bipartisan criticism: Cost estimated at $1.35+ trillion for 270 million eligible adults — payment source, implementation timeline, and eligibility criteria unspecified — Trump previously proposed "tariff dividends" and "DOGE dividends," neither materializing — similar proposals failed to gain traction despite electoral announcements. Republican fiscal hawks including Rep. Chip Roy (R-Texas) and former Rep. Bob Good (R-Va.) openly opposed pledge calling it "socialist vote-buying scheme" and dependency-enabling welfare state: Short, Trump's former legislative director, criticized departure from "fiscal responsibility and conservative economics" — others likened proposal to bribery — Democratic voices similarly skeptical while some like Andrew Yang (who proposed $1,000/month universal income) expressed cautious support for "dividends to the American people." Proposal timing controversial two months before midterm elections when affordability dominates voter concerns: Bond yields rose modestly after announcement signaling market skepticism about fiscal feasibility — Republicans attempting to counter Democratic messaging on cost-of-living crisis — proposal lacks concrete funding mechanism or legislative pathway — administration allies tasked with explaining/defending proposition in final campaign weeks.
|
➜ Read the full article from The Hill here. |
|
|
|
|
2: Warren-Moreno bipartisan bill lifting Social Security payroll tax cap gains momentum — Iowa candidate Josh Turek endorses as midterms approach |
 |
(Image Credit: Getty Images) |
|
Unusual bipartisan partnership emerged between Sen. Elizabeth Warren (D-MA) and Sen. Bernie Moreno (R-OH) to eliminate $184,500 Social Security payroll tax income cap — Iowa Democratic Senate candidate Josh Turek endorsed proposal calling it strengthens program for long-term: Current law exempts earnings above $184,500 from 6.2% payroll tax while workers/employers pay tax on all wages below cap — Warren-Moreno legislation would subject all earnings to taxation eliminating imbalance where highest earners escape tax at cap threshold — former SSA Commissioner Martin O'Malley publicly supported Turek's position during Scottish Rite Park senior event. Proposal would generate substantial revenue but Tax Foundation argues won't fully solve long-term financing gap requiring solvency extension: eliminating cap reduces but doesn't eliminate 2032 trust fund depletion problem: Critics warn removing cap amounts to one of largest tax increases in decades and could alter Social Security's traditional earned-benefit design — conservative economists caution higher payroll taxes could discourage investment, hiring, wage growth — additional benefit-side reforms (retirement age changes, means testing, benefit adjustments) likely necessary alongside tax increase for 75-year solvency. Issue becoming prominent in midterm campaign season with competitive Senate races appealing to older voters concerned about Social Security's future: Democrats traditionally favor shifting burden to higher earners while protecting/expanding benefits — Republicans warming to idea increasingly see tax revenue as one piece broader deal also including benefit-side changes — "old political red line is starting to soften" opening possibility for eventual bipartisan compromise — unlikely to advance under current administration per analysts.
|
➜ Read the full article from Newsweek here. |
|
|
|
|
3: Medicare's AI program causing widespread delays, denials, patient harm — FOIA release reveals 83-day prior authorization waits, financial incentives to deny care |
 |
(Image Credit: EFF) |
|
Electronic Frontier Foundation FOIA lawsuit recovered internal CMS documents showing Medicare's WISeR (Wasteful and Inappropriate Service Reduction) AI model launched January 2026 with serious problems: vendors missed 72-hour response targets repeatedly with one prior authorization waiting 83 days, two vendors denied 20,000+ requests first 3 months, with one company denying more requests than approving: Program subjects seniors in 6 states to AI-evaluated prior authorization for 13 medical services — private companies contracted by CMS evaluate requests but financial structure pays vendors for denials (reduced only 5-10% for low quality scores), creating incentive to deny care. Medical providers documented patient harm from delays: physicians reported patients crying in pain waiting weeks for approval on spinal procedures, surgeries cancelled mid-prep, persistent administrative communication failures: Feedback forms show widespread frustration: "We have patients calling crying in pain because procedures delayed while awaiting approvals...3-4 day delay already difficult but weeks becomes unacceptable" — another: "I have had to watch 3 patients cry at bedside not hearing back on prior auth for kyphoplasty procedures" — CMS launched despite warnings from vendors (Innovaccer warned insufficient testing, inadequate time) and hospital associations about rushed timeline. Rushed January 2026 rollout with incomplete software: Innovaccer told CMS six months before launch it lacked full functionality/testing, intended auto-affirming all requests as placeholder — April status reports show continued incomplete features — CMS planning expansion to emergency services (air ambulance, cancer treatment, MRI) in future years despite problems: Internal documents show operational chaos, widespread technical failures, and insufficient preparation — EFF continuing to obtain additional records through litigation — public deserves transparency about AI systems determining Medicare patient access to care.
|
➜ Read the full article from EFF here. |
 |
|
Free Medicare Help with Chapter |
90% of American seniors are on the wrong Medicare plan. Thankfully, Chapter is here to help! They can help you switch to the right plan and save $$$. Chapter saves the average senior $1,100 per year! Plus, it is 100% risk-free! Give them a call to find out how much you could save: 539-205-2147. |
askchapter.org/insider |
|
|
|
|
|
Here’s What You Missed on YouTube: |
Check out our new YouTube videos for Friday, September 11th. |
BREAKING - Trump’s New $5,000 Stimulus Check Explained: Who Would Get It? Check Has One Condition |
 |
BREAKING - Trump’s New $5,000 Stimulus Check Explained: Who Would Get It? Check Has One Condition |
|
|
|
|
|
|
This newsletter is for information only. Always confirm your options directly with Social Security, Medicare, Medicaid, or a qualified advisor before making big decisions about your benefits. |
*View our Advertising Disclosure |
|
No comments:
Post a Comment