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President Donald Trump announced that starting September 30, nearly 1 million Americans will receive $500 refund checks related to alleged overcharges under the Affordable Care Act. The checks, sent to residents in 30 states that use federal exchanges, are part of Trump's claim that the Biden administration overcharged consumers and collected excess fees. This move occurs weeks before the November midterm elections and is separate from Trump's promise of a $5,000 dividend to Americans if Republicans retain control of Congress.
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