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Donald Trump promises $5,000 dividend to US citizens
President Donald Trump has proposed a ‘Trump dividend’ of $5,000 for every adult citizen in the United States. Speaking at the Republican Party convention in Dallas, Trump stated that these payments would be issued if Republicans maintain control of both the House of Representatives and the Senate following the November midterm elections.
Trump compared the proposed payout to a successful corporation distributing cash to its shareholders. He specified that the only condition for the dividend is that the funds must be spent within the United States, noting that he does not want citizens spending the money in countries such as Canada, China, or Germany.
The proposal has sparked debate regarding its legality, the source of the funding, and potential impacts on national debt and inflation. While Trump has suggested nationwide payments in the past, those previous proposals were not tied to election outcomes and were never implemented.