Home Finance & Banking Trump Promises $5,000 ‘Dividend’ If Republicans Win Midterms
Finance & Banking

Trump Promises $5,000 ‘Dividend’ If Republicans Win Midterms

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Trump Promises ,000 ‘Dividend’ If Republicans Win Midterms
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Topline

President Donald Trump on Wednesday said all adult U.S. citizens would receive a $5,000 payout but only if Republicans win the House and Senate in November, as he spoke at the GOP’s midterm convention in Dallas.

Key Facts

The president didn’t provide any details but said he would issue a “dividend” of $5,000 to “every adult citizen in the United States of America” if the GOP won both the House and the Senate.

The president didn’t provide any details about how he would go about the plan, simply noting “if the Republicans win, you win with us.”

The president’s pledge would likely cost over $1 trillion and it’s unclear how such a payout would be funded.

Pegging the payouts to one party winning both chambers is also likely to raise legal questions.

This is a developing story.

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