Lutnick says $5K dividend would not use taxpayer dollars
Lutnick said the plan would be funded without taxpayer dollars as the national debt tops $40 trillion and inflation remains elevated.
- Commerce Secretary Howard Lutnick told NBC News Thursday that President Trump's proposed $5,000 dividend for 250 million eligible adults would not use taxpayer dollars, arguing the administration will "earn the money" through alternative revenue sources.
- Projections indicate the plan faces a significant funding shortfall, as proposed revenue streams would cover only one-tenth of the cost needed for 250 million eligible adults, complicating administration claims.
- The national debt recently surpassed $40 trillion with an annual budget deficit approaching $1.8 trillion, while The August Consumer Price Index showed a 0.4% rise in inflation from July.
- Economic frustration remains high among voters, with 52% disapproving of the administration's handling of inflation and the cost of living as midterm elections approach in November.
39 Articles
39 Articles
Jessica Tarlov takes a swing at Trump’s $5K checks, hits Democrat bribes by mistake
Jessica Tarlov, the leftist voice on Fox News’s “The Five”, has an interesting take on handing taxpayer money back to taxpayers. President Donald Trump has recently promised […]
Amid criticism that U.S. President Donald Trump is engaging in "vote buying" by pledging to pay every adult citizen $5,000 if the Republican Party wins the midterm elections, confusion is mounting as even administration officials offer conflicting explanations regarding how the funds will be raised. On the 11th, Trump wrote on the social media platform TruthSocial, "When I say something, I mean it," adding, "$5,000 will become a reality because …
Donald Trump’s USD 5,000 Dividend Pledge Draws Bribery Charge as US Debt Tops USD 40 Trillion
Donald Trump's pledge of a USD 5,000 'Trump dividend' for every American if Republicans win the midterms has drawn accusations of bribery, with critics estimating the plan would cost over USD 1.2 trillion and worsen the US debt crisis. Donald Trump’s USD 5,000 Dividend Pledge Draws Bribery Charge as US Debt Tops USD 40 Trillion.
Lutnick Says Trump’s $5,000 ‘Dividend’ Would Not Come From Taxpayers
Washington, D.C. — Commerce Secretary Howard Lutnick says President Donald Trump’s proposed $5,000 “Trump Dividend” would not be financed with taxpayer money, as administration officials continue offering different ideas for how the costly proposal could be funded. “It’s not tax money,” Lutnick told NBC News, saying the administration could raise money through other government programs rather than increasing the deficit. Among the possibilities …
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