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President Donald Trump’s proposal to give every American adult a $5,000 dividend if Republicans retain control of Congress is drawing mixed reactions within the GOP, with several lawmakers questioning its cost and potential inflationary effects, The Washington Post reports.
Trump announced the proposal at the Republican midterm convention in Dallas, saying the money would have to be spent in the U.S., but the White House has not explained how it would be funded. The plan could add more than $1 trillion to the national debt, while a cash infusion of that size could also increase inflation at a time when Federal Reserve officials are weighing interest rate increases.
Some Republicans, including Sen. Bernie Moreno, R-Ohio, and House Freedom Caucus chair Andy Harris, R-Maryland, have supported the idea, while others have expressed skepticism. Reps. Chip Roy, R-Texas, and Thomas Massie, R-Kentucky, criticized the proposal’s projected cost and potential inflationary impact, while former lawmakers Bob Good and Marjorie Taylor Greene also opposed it.
Rep. Monica De La Cruz, R-Texas, said Trump’s speech was the first she had heard about the proposal, while a Senate strategist said Republican senators were not substantively involved in developing it and are unlikely to campaign on it this fall.
Vice President JD Vance also appeared to narrow the proposal by referring to a dividend for “American workers,” potentially limiting eligibility compared with Trump’s broader description of payments to all adult citizens.
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