Trump’s $5,000 check plan could cost up to $1.7 trillion
Trump has revived a proposal to give every adult U.S. citizen a $5,000 check if Republicans retain control of Congress, but there is no bill, funding plan, or payment date, according to BeInCrypto. The White House has also not set eligibility rules. The payments could cost between $1 trillion and $1.7 trillion, while Trump has pointed to tariff revenue, even though court rulings and refunds have reduced this source of funding. Benjamin Cowen said the cost of the checks would ultimately be paid for through future taxes, inflation, or both.$TON $ETH $AMZNB
Trump has revived a proposal to give every adult U.S. citizen a $5,000 check if Republicans retain control of Congress, but there is no bill, funding plan, or payment date, according to BeInCrypto. The White House has also not set eligibility rules. The payments could cost between $1 trillion and $1.7 trillion, while Trump has pointed to tariff revenue, even though court rulings and refunds have reduced this source of funding. Benjamin Cowen said the cost of the checks would ultimately be paid for through future taxes, inflation, or both.$TON $ETH $AMZNB
