U.S. President Donald Trump said again on Oct. 3 that every American adult would receive a $5,000 "dividend" if Republicans win both the House and the Senate in the midterm elections. The proposal remains a campaign pledge at this stage and has not been presented as an enacted policy.
When asked earlier whether the payments would require congressional approval, Trump said his view was that they would not. He added that if approval were needed, Congress would "certainly" do it. Trump also attached a condition to the proposal, saying the money would need to be spent inside the United States because he did not want the funds flowing to other countries.
Using an estimated base of about 240 million American adults, the plan would cost roughly $1.2 trillion. Based on that figure, it would rank among the largest U.S. economic stimulus efforts since the COVID-19 pandemic.
According to BlockBeats, U.S. President Donald Trump said again on Oct. 3 that if Republicans win both the House of Representatives and the Senate in the midterm elections, every American adult would receive a $5,000 "dividend."
The proposal had been raised by Trump before and remains a campaign pledge. When asked by a reporter whether the payment would need congressional approval, Trump said: "Well, we don't think so. If it does, they would certainly do that, but we don't think it's necessary. But we do have one condition, and that is the money must be spent in the United States — we don't want this money going to other countries. We think it's a very good measure, it's very popular, and it will give the economy a strong boost."
Based on roughly 240 million American adults, the plan is estimated to cost about $1.2 trillion, which would make it one of the largest U.S. economic stimulus programs since the COVID-19 pandemic.
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