Trump Floats $5,000 Payout Promise If GOP Wins Midterms
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US President Donald Trump offered voters a quid pro quo: elect Republicans and get a $5,000 payout, which he called the "Trump dividend." The proposal, announced during a speech on Wednesday at the GOP’s midterm convention in Dallas, is unlikely to become law. Fellow Republicans have already rejected similar ideas and Congress would need to approve a cash payment program with a price tag well over $1 trillion. Bloomberg's Balazs Penz breaks down the situation. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg
Tags: Congress, Dallas, Democratic Party, Donald Trump, GOP, Midterm Elections, POTUS, Politics, Republican Party, Republicans, Texas, US politics, United States, United States of America (U.S.A.), democrats, election, elections, midterm, national politics, party politics
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