SMH.com.au·3 min read·medium

Trump offers every American adult $US5000 if Republicans win midterms

M
Michael Koziol
Trump offers every American adult $US5000 if Republicans win midterms
AI Summary

US President Donald Trump has pledged a $5,000 'Trump Dividend' to every American adult if Republicans win the upcoming midterm elections. The proposal has been criticized by Democrats as an empty promise and by economists as a potential driver of inflation.

Why it matters

The proposal highlights the use of direct financial incentives as a campaign strategy and raises significant questions regarding fiscal policy and national debt.

Dive DeeperCreate a free account to unlock

Save You have reached your maximum number of saved items.

Remove items from your saved list to add more.

Share A A A Dallas: US President Donald Trump made an extraordinary pledge to pay every American adult $US5000 ($7000) if the Republican Party retains the House of Representatives and the Senate at November’s midterm elections, in a move immediately dismissed by Democrats as “another empty promise”.

Speaking in Dallas at a special Republican National Convention ahead of the midterms, Trump said the only condition on the “dividend” was that it would have to be spent in America, not on foreign goods.

President Donald Trump speaks at the Republican convention in Dallas. AP “It’s $US5000 to every adult [citizen],” he said. “If the Republicans win, you win with us, and you get $US5000. It will be called the ‘Trump Dividend’.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicseconomy

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in