Trump's $5,000 Dividend Would Cost Far More than Tariffs Raise
Trump said the plan would cost nearly $1.2 trillion, while Vice President JD Vance suggested higher-income Americans may be excluded.
- On Wednesday in Dallas, President Donald Trump pledged $5,000 payments to every adult citizen if Republicans retain control of both the House of Representatives and the Senate in November.
- Trump compared the proposed payments to corporate dividends, citing "our tremendous strength and success economically," while noting he previously distributed a $1,776 "warrior dividend" to military members last year.
- Providing $5,000 to all adult citizens would cost more than $1.2 trillion, exceeding the Pentagon's entire $961 billion budget request for 2026 and representing more than 17% of the $7 trillion the federal government spent in 2025.
- Vice President JD Vance suggested funding the payments using U.S. tariff revenue, though the Treasury Department expects to collect only about $406 billion in customs duties during fiscal year 2026, covering just a third of the estimated cost.
- Congress must formally approve any federal spending, and Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget, criticized the fiscal claim, stating "We don't have surpluses to give away.
64 Articles
64 Articles
Trump’s $5,000 dividend pledge compared to dystopian comedy
He suggested that people should spend $5,000 per person within the United States.
(Washington = Yonhap News) Correspondent Hong Jeong-gyu = U.S. President Donald Trump said on the 10th (local time) that if the Republican Party wins the November midterm elections, adult American citizens...
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