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President Trump pledges $5,000 dividend to all U.S. adults if Republicans maintain control of Congress

President Trump pledged during the Republican National Committee's midterm convention that the administration would issue a $5,000 dividend to every American adult if Republicans maintain control of the House and Senate in the November elections. The proposal, which would require over $1.2 trillion in funding, has prompted a scramble among officials to determine how the government will finance the payments. Commerce Secretary Howard Lutnick stated that the dividend would not be paid for with taxpayer money, suggesting the administration could earn the funds through various means, such as the Trump Platinum Card program and investments in Intel. Vice President JD Vance suggested the payments could be funded by tariff revenues, though economists note that current tariffs only cover about one-tenth of the required cost. Several economists warned that the proposal could be fiscally dangerous, potentially driving up the federal deficit and fueling further inflation. While the administration maintains that the president has consistently proven his doubters wrong, some allies and lawmakers expressed skepticism regarding the feasibility of the plan. President Trump stated that he believes the payments could be delivered without requiring congressional approval.

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