President Trump announced that he wants to send a $5,000 payment to every adult American if Republicans retain control of both the House and Senate in November’s midterm elections, unveiling what he called the “Trump Dividend” during the Republican convention in Dallas, the Associated Press reported.

Trump told the crowd that the payments would be made possible by what he described as America’s tremendous economic strength, comparing the idea to a corporation distributing profits to shareholders.

Vice President JD Vance later suggested that wealthy Americans might not receive the payments and floated tariff revenues as a possible source of funding. However, the total price of the proposal would likely exceed $1 trillion.

Any such payment would require congressional approval. The United States is already running a federal budget deficit approaching $1.8 trillion annually, while the national debt recently passed $40 trillion.

Trump has proposed direct payments before, but this is the first time he has explicitly linked such a large nationwide payout to Republicans retaining control of Congress.

(YWN World Headquarters – NYC)