Skip to main content
See every side of every news story
Published loading...Updated

Budget Expert: A $5,000 Dividend on $40 Trillion of Debt? ‘Laughable’

Bret Baier pressed JD Vance on whether the proposed checks would amount to voter bribery and could cost the government about $1.3 trillion.

  • On Wednesday, President Donald Trump promised every American adult a $5,000 'Trump Dividend' at the GOP midterm convention in Dallas if Republicans retain control of Congress in November, though the payments would cost more than $1 trillion and require Congressional approval.
  • Facing Republican prospects of losing at least one congressional chamber with less than two months until elections, Trump made the pledge despite hitting an all-time low approval rating, centering his hour-and-45-minute speech on himself amid deepening unpopularity.
  • Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget, stated the U.S. running $2 trillion annual deficits and carrying $40 trillion in debt makes the proposal fiscally unsustainable, with the plan costing approximately $1.35 trillion across 270 million eligible adults.
  • Fox News reactions proved sharply divided Thursday: anchor Bret Baier challenged Vice President JD Vance on 'bribing voters' charges, while Vance defended the dividend as worker-funded through tariffs; host Rachel Campos-Duffy called it 'creative and brilliant,' though host Lawrence Jones proposed tax cuts instead.
  • Trump's previous unfulfilled payment promises—including $5,000 DOGE checks, $2,000 tariff rebates, and a $1,776 warrior dividend for military members—fuel skepticism, as critics immediately labeled Wednesday's pledge a 'bribe' and legal questions persist about implementation and legality.
Insights by Ground AI

19 Articles

Lean Left

The vice president questioned the scope of the announcement and argued that the so-called dividend could exclude the richest Americans

·Los Angeles, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources lean Left
57% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Straits Times broke the news in Singapore, Singapore on Thursday, September 10, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal