Trump Promises $5,000 to All Americans if Republicans Win

President Trump announced direct payments to the American people funded by tariffs if Republicans hold onto both houses of Congress at his speech during the GOP midterm convention. “Because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,” Trump said. He likened it to so-called “Warrior Dividend,” the bonuses paid earlier this year to military members. Trump didn’t say if he would push Congress to pass such a measure, or where the funding would come from amid mounting U.S. budget deficits—or why he isn’t pursuing such a payment before the election. Such a measure would likely cost more than $1 trillion. Last year, Trump repeatedly floated the idea of $2,000 payments to low- and middle-income households, funded by revenue from his tariffs. Read more at the link in bio.