Donald Trump has announced a $5,000 “Trump dividend” for every U.S. citizen if Republicans win the November midterms. Critics say the plan could add about $1.2 trillion to the deficit, pushing debt past $40 trillion. Republican Representative Chip Roy called the plan unpayable. Treasury officials would need to borrow over a trillion dollars, raising debt and potentially inflation. Democrats condemned the pledge as bribery, while some Republicans support it, hinting it could reshape future election strategies.
Source: Original source
Discover more from Escape Business Solutions
Subscribe to get the latest posts sent to your email.