Is Trump's $5,000 'dividend' legal and how would it work?

Useful takeaways from this story.

President Donald Trump on Wednesday proposed a $5,000 "Trump dividend" payment to U.S.

adults if his Republicans retain control of the House of Representatives and the Senate in the November 3 midterm elections.

Vice President JD Vance suggested on Fox News after Trump's speech that the U.S.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

President Donald Trump on Wednesday proposed a $5,000 "Trump dividend" payment to U.S. adults if his Republicans retain control of the House of Representatives and the Senate in the November 3 midterm elections. Vice President JD Vance suggested on Fox News after Trump's speech that the U.S.

How it works

The payments would instead widen the government's budget gap, which is already at a level that alarms budget watchdogs.
government could draw on tariff revenue, which has been juiced by Trump's trade wars.
Office estimates the government has taken in $167 billion so far in the fiscal year that ends September 30 -- not nearly enough to cover the cost of Trump's proposed giveaway.
CBO estimates the government will spend $2.1 trillion more than it collects in revenue in the current fiscal year and projects that figure will grow i

Details worth keeping

Trump said the checks would go to all adult U.S. citizens -- about 240 million people, according to the U.S.

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app