Wall Street Journal editorial board denounces ‘preposterous’ Trump dividend plan
Summary
The Wall Street Journal’s editorial board criticized President Donald Trump’s plan to give $5,000 checks to every adult in the U.S. if Republicans win Congress. The board said the plan would cost about $1.2 trillion and called it unrealistic.Key Facts
- President Trump proposed giving $5,000 to every adult in the U.S. if the GOP wins both houses of Congress.
- The total cost of the plan is estimated to be around $1.2 trillion.
- The Wall Street Journal editorial board publicly criticized the plan.
- The editorial described the plan as "preposterous," meaning very unrealistic.
- The U.S. has approximately 240 million adults who would be eligible for the payment.
- The plan is part of President Trump’s campaign promises for after the November elections.
- The editorial reflects concerns about the financial impact of the plan on the country’s economy.
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