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President Donald Trump proposed paying all American adults $5,000 if Republicans retain control of Congress, a pledge made during his speech at the GOP midterm convention. The announcement, which lacked detailed funding plans, faced immediate skepticism from lawmakers, economists, and even some of his allies due to its $1 trillion estimated cost and feasibility concerns. The proposal relies on tariff revenue but would significantly increase the federal deficit, raising economic and fiscal worries amid rising national debt and inflation concerns.
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