00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump promised a $5,000 dividend to every adult U.S. citizen
00:06if Republicans win both the House and Senate in November,
00:10a proposal that could cost more than $1.2 trillion, according to CNBC.
00:15Trump said tariff policies enabled the dividend plan by attracting $21 trillion in U.S. investment,
00:22though that figure has been repeatedly disputed
00:25and is nearly $10 trillion higher than the White House's own tally.
00:29The Penn-Warton budget model estimates tariffs generated about $300 billion
00:33between January 2025 and July 2026,
00:38with more than $100 billion later refunded.
00:41Vice President J.D. Vance said the payments would be aimed at the middle class.
00:46The proposal drew criticism from fiscal conservatives
00:49and also raised questions about federal laws prohibiting payments intended to influence voting.
00:54For all things money, visit Benzinga.com.
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