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Source:
Los Angeles Times
Los Angeles Times
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President Donald Trump proposed during the GOP midterm convention that if Republicans win control of Congress, each American adult would receive a $5,000 payment, dubbed the "Trump Dividend." The plan would cost over $1 trillion and require congressional approval, raising concerns about the country's budget deficit and inflation. Critics noted that such a payout is unlikely without legislative approval, and that the U.S. currently operates with significant deficits and debt.
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