Working memory is important for online language processing in a dialogue. We use it to store relevant information, to inhibit or ignore irrelevant information, and to attend to conversation selectively. Working memory helps us keep track of a dialogue while taking turns and following the gist. This paper examines the Ease-of Language Understanding model (i.e., the ELU model, Rönnberg, 2003; Rönnberg et al., 2008) in light of new behavioral and neural findings concerning the role of working memory capacity (WMC) in sound and speech processing. The new ELU model is a meaning prediction system that depends on phonological and semantic interactions in rapid implicit and slower explicit processing mechanisms that both depend on working memory, albeit in different ways. New predictions and clinical implications are outlined.