Politics

Trump Promised Every Adult Citizen $5,000 — but Only if Republicans Hold Both Chambers

The pledge came an hour into his speech at the RNC's first midterm convention in Dallas. Paying it would cost more than $1 trillion, and Congress would have to approve it.

· 4 min read

President Trump told a Republican crowd in Dallas on Wednesday night that he will send a $5,000 "dividend" to every adult American citizen after the November midterms — on the condition that his party keeps control of both the House and the Senate.

"If the Republicans win, you win with us and you get $5,000," Mr. Trump said, roughly an hour into a speech that closed the second day of the Republican National Committee's first-ever midterm convention. He called the payments "Trump Dividends" and framed them as the payoff from what he described as the country's "tremendous economic success," suggesting they could be funded in part by his administration's tariffs on foreign goods.

He offered almost no detail. The president did not say who would qualify, when the money would go out, or whether he intends to ask Congress to authorize it — which he would have to do, because the president cannot cut checks to 245 million people on his own. Sending $5,000 to every adult citizen would cost upward of $1 trillion. Vice President J.D. Vance narrowed the idea somewhat in a Fox News appearance after the speech, calling it "fundamentally a dividend for American workers" and pointing to tariff revenue as the source. "We're taking in an extraordinary amount of revenue because the president of the United States is actually standing up to both foreign companies but also foreign countries who've been taking advantage of America's workers for pretty much my entire life," Vance said.

The arithmetic is not close. The United States has collected just under $500 billion in tariff and excise tax revenue since the start of last year, according to the Bipartisan Policy Center, and more than $100 billion of that has already been refunded after a Supreme Court ruling earlier this year struck down many of the administration's tariffs. Mr. Trump floated a smaller version of the same idea last year, promising $2,000 tariff-funded dividends that never materialized. On Wednesday he compared the new payments to the Trump Account child investment funds and last year's "warrior dividend" bonuses for service members — both of which required, and got, votes in Congress.

There is precedent for broad payments to households. Congress authorized several rounds of stimulus checks in 2020 and 2021 under the first Trump administration and then the Biden administration, in an effort to hold up an economy shut down by COVID. Many economists believe that money contributed to the inflation that followed, and the same risk applies to a $1 trillion payout landing in an economy where voters already tell pollsters they are unhappy about prices.

The promise is aimed squarely at a difficult November. Republicans are running against the historical tendency of voters to punish the party holding the White House in a midterm year, and Mr. Trump's own approval rating is a drag. Democrats have been campaigning on the unpopularity of the Iran war and on the administration's handling of the economy. Mr. Trump acknowledged the pattern from the stage — "the midterms are not supposed to be won by the sitting president," he said, before adding, "we're going to change that" — and asked the audience to "pretend that I'm on the ballot … just one more time."

He said he considers about 35 House and Senate districts genuinely at risk and vowed to visit every one of those states for rallies and telephone town halls. Candidates in those races also want access to his nine-figure super PAC. The GOP's two most exposed Senate contenders spoke Wednesday: Texas Attorney General Ken Paxton, who is trying to stop Democrat James Talarico from becoming the first Democrat to represent Texas in the Senate since the early 1990s, and Rep. Mike Collins of Georgia, who is challenging Democratic Sen. Jon Ossoff. Mr. Trump backed Paxton in characteristic terms, saying he "may not dress right" and "may not be the best-looking guy I've ever seen," but "he's the greatest attorney general in America."

The rest of the speech covered familiar territory — border security, last year's tax law, tariffs, the White House renovations and his planned ballroom. He defended launching the war with Iran, said the United States is winning it, predicted it would wrap up after the election and mused about renaming the Strait of Hormuz the "Trump Strait." "Hand America's future to the radical-left Democrats, and our nation will spend the next decade just getting back on its feet," he said. "Vote Republican, and we will leave the world in our dust for generations to come."

At least 33 House Republicans and several senators in tight races skipped the Dallas convention entirely.

Originally reported by CBS News.

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