Trump pledges $5,000 to every adult American if Republicans win November elections
US President Donald Trump has pledged a $5,000 payout to every adult American if Republicans win the upcoming midterm elections, a proposal estimated to cost $1.3 trillion. The plan faces skepticism regarding its legality and economic feasibility, particularly amid ongoing global oil price fluctuations linked to the conflict with Iran.
Why it matters
The proposal highlights the use of populist economic promises in election cycles and the potential impact of geopolitical conflicts on domestic economic policy.
Figure caption, Watch: Trump says US adults will get $5,000 if Republicans win midterms
US President Donald Trump says he would offer every adult American a $5,000 (£3,700) payout if Republicans win both chambers of Congress in November's midterm elections - a plan that would cost more than a trillion dollars.
The controversial offer was made in a speech at the party's first-ever convention in the middle of a US presidential term.
He gave no details on how the plan would work or where the money would come from - saying only that the money would have to be spent in the US.
Democrats quickly labelled it an "empty promise" and others questioned whether such a pledge was legal.
There are nearly 270 million American adults, which means a $5,000 payout would cost the US government some $1.3 trillion.
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