Trump suggests $5,000 federal payouts are budget-feasible
Donald Trump has stated that $5,000 payouts could be easily integrated into the federal budget. Reports vary on the specific figure mentioned, with one outlet citing $6,300, and note that any such expenditure would require Congressional approval.
First reported 1 day ago · latest update 1 day agoPresident Donald Trump has stated that the United States could afford to provide a $5,000 payment to every American adult, provided that the Republican Party retains control of Congress in the upcoming elections. The proposal was first introduced by the President during a speech at the Republican Party convention.
Speaking to reporters on September 13 while attending a golf tournament at his club in Doonbeg, Ireland, the President maintained that the government has the necessary funds to support the initiative. He suggested that the payments would be manageable due to the significant amount of revenue currently entering the country, noting that trillions of dollars are being brought in.
The proposal has drawn immediate scrutiny regarding the legislative process required to implement such a policy. House Speaker Mike Johnson acknowledged that any such direct payments would require formal approval from Congress. While addressing the matter on CNN’s State of the Union, Johnson noted that the specifics of the plan remain to be determined, stating that the devil is in the details and that the logistics would need to be figured out.
Democratic leaders have expressed strong opposition to the plan. House Minority Leader Hakeem Jeffries, appearing on ABC’s This Week, dismissed the initiative, characterizing it as not being a serious proposal.
Further skepticism has been raised by other Democratic lawmakers regarding the feasibility of the payments. U.S. Senator Mallory McMorrow questioned whether the checks would actually be distributed even if Republicans maintain their legislative majority, pointing to the recent elimination of certain Affordable Care Act subsidies as a reason for doubt.
Citations · 3 reports from 3 outlets
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Trump calls $5,000 payouts 'easy' to fit into federal budget - Reuters
Trump calls $5,000 payouts 'easy' to fit into federal budget Reuters
1 day agoTrump calls $6,300 payouts ‘easy’ to fit into federal budget
Any such payment would need to be approved by Congress.
1 day ago