Published • loading... • Updated
Houthis take control of Mocha, Trump promises $5,000 dividends of Republicans win midterms
Trump said the checks would be funded by tariffs or savings, but analysts say the plan would cost at least $1.2 trillion.
- On Wednesday, President Donald Trump told voters at the Republican Party's midterm convention in Dallas that "if the Republicans win, you win with us and you get $5,000," promising dividend checks to every American adult if his party retains Congress.
- Trump has previously floated similar proposals, including a DOGE dividend in February 2025, but none materialized because funding sources were never established at the required scale.
- According to the University of Pennsylvania, the $1.2 trillion program cost exceeds the roughly $284 billion in gross customs revenue collected between January 2025 and June 2026, representing roughly two-thirds of the 2025 budget deficit.
- Following a Supreme Court ruling in February, the administration must refund some of the $160 billion collected from tariffs, while Trump would need Congress to approve an additional $1.08 trillion to fund the proposed payments.
- The Republican National Committee fears depressed midterm turnout without Trump on the ballot; Vice President JD Vance has suggested tariff revenue could help fund the payments, though experts note the scale vastly exceeds available proceeds.
Insights by Ground AI
Podcasts & Opinions
12 Articles
12 Articles
Analysis: The president's proposal to pay $5,000 to everyone is facing widespread criticism. The question is also whether voters trust Donald Trump after two years of broken campaign promises.
·Copenhagen, Denmark
Read Full Article
(Washington = Yonhap News) Correspondent Park Sung-min = Regarding the '5,000 dollar dividend' pledge announced by U.S. President Donald Trump in his speech at the Republican National Convention, the U.S. ...
·Seoul, Korea (the Republic of)
Read Full Article
Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
Factuality
To view factuality data please Upgrade to Premium
