President Donald Trump has promised a $5,000 payment to every American adult if Republicans retain control of Congress in the upcoming midterm elections, a proposal he has dubbed the "Trump Dividend." The plan has drawn skepticism from some Republicans over its cost, which the Associated Press estimates could exceed $1 trillion.
During a GOP convention in Dallas, Trump said the payments would go to every adult American and claimed that Congress may not need to approve them. He also said the money would have to be spent domestically, but provided no details on enforcement. The announcement was made at a convention in Dallas, Texas, with midterm elections scheduled for November 3.
The price tag of the plan is uncertain but "likely cost more than $1 trillion," according to the Associated Press. Trump gave no details on the origin of the money, raising questions about funding. Some Republican lawmakers have expressed skepticism about the proposal, though specific concerns are not elaborated in the reports.
With the midterm elections approaching, the "Trump Dividend" remains a key talking point, but its feasibility—both in terms of funding and legal approval—remains unclear.
