Trump promises $5,000 dividend if Republicans win; similar proposals have not materialized
· Telemundo McAllen (KTLM)
During a Republican midterm convention in Dallas, former President Donald Trump promised to send $5,000 to each adult American if Republicans maintain control of Congress in the upcoming elections. This proposal, dubbed the 'Trump Dividend,' is estimated to cost over $1 trillion and would require Congressional approval, raising concerns about the national deficit and inflation. Trump did not clarify how the payments would be funded, although he mentioned tariffs as a potential source. Critics argue that such a promise lacks feasibility, especially given the current national debt exceeding $40 trillion. Republican Senator Bernie Moreno expressed intentions to draft a bill for this proposal.
AI summary · Source: Telemundo McAllen (KTLM) →
