What to know about Trump’s $5,000 ‘dividend’ pledge

Donald Trump has pledged to pay a $5,000 'dividend' to every adult US citizen if Republicans win the midterm elections. According to Fortune, this promise carries a price tag of around $1.35 trillion if paid to the full population of American adults, or $1.15 trillion if a household income cap of $400,000 is applied.

The pledge was made during a nearly two-hour speech at the Republican National Committee's midterm convention in Dallas. Trump stated that he would issue the "Trump Dividend" if Republicans retain control of the House and Senate.

The Hill and The Guardian US reported that Trump's promise has been met with criticism, with some likening it to bribery. There is no clear funding source for the proposed dividend, and it would add to a federal balance sheet already strained by a nearly $2 trillion annual deficit.

Brief written by urgent.news from Punch, The Guardian US, The Hill, Fortune — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.