Donald Trump · US Congress · White House · U.S. · Republicans · Fortune Technology
After Trump says he doesn’t need Congress for his $5,000 ‘dividend,’ House Speaker Mike Johnson says not so fast but vows to
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President Donald Trump’s proposal to send $5,000 to every American adult if his Republican Party maintains control of the House and Senate in the November election needs congressional approval, House Speaker Mike Johnson said Sunday, while pledging to try to make it happen.
Key facts
- The dubious election-year gambit could cost more than $1 trillion, putting further strains on the country’s nearly $1.8 trillion annual budget deficit and exacerbating concerns of inflation
- President Donald Trump’s proposal to send $5,000 to every American adult if his Republican Party maintains control of the House and Senate in the November election needs congressional approval, House
- That compares with 37% in June and 42% who approved of his work when he took office
- Trump made the unusual pitch at the party’s midterm convention in Dallas last week, promising a “Trump Dividend” if voters keep the GOP in power on Capitol Hill
Summary
Trump made the unusual pitch at the party’s midterm convention in Dallas last week, promising a “Trump Dividend” if voters keep the GOP in power on Capitol Hill. But Johnson, R-La., said congressional approval is needed. A few hours later, Trump said he would deliver on his promise. Johnson, meanwhile, said he would work to get Trump’s proposal through Congress despite a small Republican margin.