Summary
President Donald Trump announced a $1,776 payment to 1.45 million U.S. service members, which he called a "warrior dividend." The funds come partly from tariffs and legislation he signed. Trump discussed his economic record and criticized Democrats during his speech.
Key Facts
- President Trump announced a "warrior dividend" of $1,776 for U.S. service members.
- The payment is funded by tariffs and a bill signed on July 4.
- 1.45 million service members will receive this payment.
- Trump gave the speech in a televised address, highlighting his economic achievements.
- He stated the payment celebrates America's founding year, 1776.
- Trump criticized the Democratic Party, linking them to rising costs.
- Economic data shows mixed signals with some prices falling but overall inflation at 3%.
- Recent polls indicate concerns about the economy and Trump's handling of it.
