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Trump’s Plan to Give Every American Adult $5,000 After the Midterm Would Add $1.3 Trillion to the National Debt

Why wait? The post Trump’s Plan to Give Every American Adult $5,000 After the Midterm Would Add $1.3 Trillion to the National Debt appeared first on Futurism .

Trump’s Plan to Give Every American Adult $5,000 After the Midterm Would Add $1.3 Trillion to the National Debt

At the inaugural Republican Midterm Convention in Dallas, Texas, where the event resembled more of a MAGA rally than a formal political gathering, US President Donald Trump announced that if Republicans secured control of both the House and the Senate, he would distribute a $5,000 dividend to every adult citizen in the United States, BBC reported.

Trump claimed this promise was only possible due to the country's prosperity, a statement delivered with apparent enthusiasm and met with cheers from the audience. Despite the lack of specifics, Trump suggested the funds should be spent on American goods and services, warning against buying the cash abroad, according to Al Jazeera.

Assuming the $5,000 check was evenly distributed across the nation's 270 million adult population, the total cost would amount to $1.3 trillion, before considering administrative expenses and potential inflationary impacts, as per Al Jazeera. This proposal would essentially add to the US national debt, which has already ballooned to a staggering $2 trillion deficit annually.

While the simplicity of the math is evident, the challenge lies in the implausibility of the payout, particularly given Trump's history of unfulfilled promises and financial recklessness. With his health in question and his credibility at stake, the likelihood of this $1.3 trillion commitment being honored as November approaches seems increasingly uncertain.

Written by urgent.news from Futurism's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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