Trump Dividends Would Cost $1.22 Trillion. How Will He Find the Money?
Summary
President Donald Trump promised to give every adult U.S. citizen $5,000 if Republicans control both the House and Senate after the midterm elections. The total cost would be about $1.22 trillion, but Trump has not explained how the payment would be funded.Key Facts
- Trump announced a $5,000 "Trump Dividend" for every adult American if Republicans win both congressional chambers.
- About 245 million adults in the U.S. means the total cost could be $1.22 trillion or more.
- Vice President JD Vance suggested wealthy people might not get the payment, but no income limits were set.
- Trump hinted tariffs could pay for the dividend, but U.S. tariffs collected last year were only about $195 billion.
- The Supreme Court canceled some tariffs, causing the government to refund around $100 billion.
- Tariffs are paid by importers and may increase prices for consumers, rather than being pure government revenue.
- No clear plan was given for funding the payment through budget cuts or other sources.
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