Trump's $5000 promise remains unfulfilled
Donald Trump pledged to provide $5,000 to every American adult if the Republican Party wins the majority in Congress after the November 2026 elections. However, implementing this promise requires congressional approval and faces significant legal and financial obstacles. The cost of these payments is estimated to be between $1.27 trillion and $1.38 trillion, an amount that exceeds the current revenue generated from customs duties collected by the U.S. trade system. Such payments could also lead to increased inflation, as they would boost demand in an economy already experiencing rising prices, especially with the current inflation rate at 3.4%. Funding the promised payments might take many years, relying on revenue from customs duties that had previously been canceled or reduced. Meanwhile, the initiative faces widespread criticism from Democratic authorities, who consider it illegal and a threat to the national economy.
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