President Trump says he doesn't think $5,000 dividend payments would need to be approved by Congress
Trump said the payments would be funded by tariffs and spent in the United States, while questioning whether Congress would need to approve them.
- At the Republican midterm convention in Dallas, President Donald Trump unveiled a "Trump Dividend" proposal on Wednesday, promising $5,000 to every American adult citizen if Republicans maintain control of the House and Senate.
- Trump claimed Thursday that the plan would not require approval from Congress, describing the $5,000 payments as "a great infusion" that must be spent within the United States.
- Meanwhile, Trump's PAC MAGA Inc. is spending $10 million on television ads for Texas Attorney General Ken Paxton, while the Dow and S&P 500 opened lower following the announcement.
- Conservative columnist Nick Catoggio labeled the proposal a "$5,000 bribe," citing a poll published Thursday showing only 18 percent of respondents maintain significant faith in government information regarding the economy.
- Bondholders and financial observers have largely treated the proposal as an "empty campaign promise," reflecting broader concerns about mounting national debt and the president's waning credibility among voters.
29 Articles
29 Articles
'Do me the biggest favor': President Trump keeps the crowd laughing as he makes the case for Republicans
President Donald Trump was in high spirits and made sure everyone else was too as he slammed Democrats and reminded voters of Republican accomplishments as the midterm convention drew to a close. Trump took the stage Thursday night to Lee Greenwood's "God Bless the U.S.A." after a well-received speech by Vice President JD Vance. The president promptly launched into a laundry list of his second-term accomplishments. 'If the Democrats get in, they…
U.S. President Donald Trump doesn't think he's gonna need Congress approval to make a promise to pay the Americans $5,000 if the Republican Party wins both chambers of the U.S. Congress after the November midterm election.
Donald Trump announced to the Republican Party convention that he had received and implemented a historic "mandate to save America." During the key event in Dallas, the American president dropped a real political bombshell. He promised every adult citizen a one-time payment of $ 5,000 if the Republicans retain control of Congress in the upcoming midterm elections in November. J.D. Vance, whom the congressional delegates enthusiastically welcomed…
US President Donald Trump argued that his administration will not need congressional approval for his proposal to give a $5,000 payment to American adults if Republicans hold Congress at the midterms
“Well, we think not,” the US leader told CBS in an interview, when asked if Congressmen would need to approve that measure. “I think they will do it if we needed it. But we think not,” he...
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U.S. President Donald Trump doesn't think he's gonna need Congress approval to make a promise to pay the Americans $5,000 if the Republican Party wins both chambers of the U.S. Congress after the November midterm election." We don't think so.
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