Collins: Trump’s proposed $5K dividend ‘extraordinarily costly’

A Republican senator has criticized a proposed $5,000 direct payment to all adult Americans as "extraordinarily costly," questioning the lack of income restrictions in the plan. The lawmaker suggested the plan would benefit those who may not need financial assistance, raising concerns about its economic feasibility. With limited details available, the proposal has already sparked debate over its potential impact on federal spending. The comments come amid discussions about midterm election policies and their broader fiscal implications.

Sen. Susan Collins (R-Maine) said President Trump’s proposal to give $5,000 to every American adult if Republicans win the midterm elections “would be extraordinarily costly” and questioned providing it to everyone regardless of financial need. “From the few details we have, it seems that the proposed $5,000 dividend would not have an income cap and...