Speaker Johnson says Congress could work with Trump to deliver $5,000 checks to Americans but there are no guarantees
Johnson said Congress must approve Trump’s $5,000 payments, which could cost more than $1 trillion and face deficit and inflation concerns.
- On Tuesday, September 15, 2026, Treasury Secretary Scott Bessent told the House Financial Services Committee the administration can issue $5,000 checks without new borrowing, though he refused to explain the funding mechanism.
- Bessent claimed the administration is exploring ways to execute payments "without involving Congress," despite constitutional provisions that require legislative approval for all government spending.
- The Committee for a Responsible Federal Budget estimates the proposal would cost $1.2 trillion annually, or 3.5% of national GDP, while Bessent acknowledged deficit spending is driving 10-year Treasury yields to 5% and mortgage rates to 7%.
- Speaker Mike Johnson declined to discuss the policy on Tuesday, while GOP senators reportedly remain "cool" on the $5,000 proposal, signaling Republican skepticism.
- Skepticism persists because President Donald Trump's earlier $2,000 tariff dividend pledge never materialized after ten months, fueling doubt about the current $5,000 promise.
181 Articles
181 Articles
Bessent: We Can Do $5,000 Dividends for Americans Without Increasing Deficit
Breitbart Treasury Secretary Scott Bessent said that the government can implement President Donald Trump plan to send $5,000 checks to American adults if Republicans retain their majorities in Congress that would not increase the deficit. “There are ways to do it that would not affect the deficit,” Bessent said in answer to questions from lawmakers on Capitol Hill Tuesday. Bessent said that Treasury had been working on the plan for “quite awhi…
$5,000 payments are Trump ‘trying to buy votes’, north Alabama House candidate says
Democratic U.S. House candidate Andrew Sneed says President Donald Trump is “trying to buy votes” with a promise of a $5,000 dividend to all adult American citizens if Republicans retain control of Congress. “First, it’s unethical, if not illegal,” said…
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