Trump defends proposed $5,000 dividend as 'reward,' says 'growth' will pay for it
Summary
President Donald Trump defended his plan to give every American adult a $5,000 payment, calling it a "reward" for enduring the previous administration's policies. He said the money would come from economic growth and investments, though some lawmakers have criticized the plan.Key Facts
- President Trump proposed a $5,000 payment to all American adults if Republicans keep control of both houses of Congress.
- The total cost of this proposal is estimated at $1.3 trillion.
- Trump said the payment is a reward for people living through four years of what he called bad policies under President Biden.
- He rejected the idea that the payment is meant to encourage voter turnout before the midterm elections.
- The White House said the money could come from company investments in the private sector, but details are unclear.
- Some members of Congress, including Senate Minority Leader Chuck Schumer, criticized the plan as a bribe.
- Trump claimed that strong economic growth will cover the cost of the payments.
- The proposal follows his earlier, unfulfilled promise of $2,000 tariff dividends to Americans.
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