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Trump pledges 5000 for Americans but who will fund 1.8T?
American President Donald Trump has pledged to give $5,000 to every adult American if Republicans maintain control of both the House of Representatives and the Senate in the midterm elections. This promise aims to bolster Republican support, but it raises questions about the cost, which exceeds one trillion dollars, as well as the need for Congressional approval. Additionally, it poses risks of increasing the annual deficit, taxes, and inflation, especially amid the ongoing rise of the national debt, which has surpassed $40 trillion. Although the Vice President has attempted to downplay the promise, the law requires approval from Congress. This pledge comes at a time when Trump's popularity is waning and Republicans face political and economic challenges.
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