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House Speaker Mike Johnson says Trump's $5,000 'dividend' needs congressional approval

House Speaker Mike Johnson says Trump's $5,000 'dividend' needs congressional approval

Summary

President Donald Trump proposed sending $5,000 to every American adult if Republicans keep control of Congress after the November election. House Speaker Mike Johnson said this plan would need approval from Congress before it could happen.

Key Facts

  • President Trump promised a $5,000 payment to all American adults if Republicans control both the House and Senate after the midterm elections.
  • This promise was made at the Republican midterm convention in Dallas.
  • Trump called the payment a "Trump Dividend."
  • Trump said he did not think Congress would need to approve the payments but did not explain how he would fund it.
  • House Speaker Mike Johnson stated that Congress must approve the plan.
  • Johnson called the idea "creative" but confirmed congressional action is required.
  • Trump later insisted the $5,000 payment will happen.
  • Trump made these remarks while attending a golf tournament at his resort in Ireland.
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