Trump Vows 5000 Dollar Checks for GOP Congress Win
President Trump announced plans to send five thousand dollar checks to adult Americans if Republicans retain congressional control in the midterm elections. Economists warn the payments could raise prices and interest rates.
President Donald Trump pledged a $5,000 dividend for every adult citizen in the United States if Republicans retain control of Congress in the November 3 midterm elections.
The proposal follows prior administrative payouts and would cost an estimated $1.3 trillion to reach 250 million adults. Economists warn the direct-payment deluge could spark consumer price inflation and higher borrowing costs.
