A proposed Republican plan to offer U.S. adults a one-time $5,000 payment has sparked sharp criticism from both sides of the political aisle, with accusations that it amounts to an attempt to sway voters ahead of the midterm elections. Critics argue the massive financial commitment—estimated to exceed a trillion dollars—risks worsening concerns over the ballooning national debt, which recently surpassed $40 trillion for the first time. The proposal has drawn skepticism over its feasibility and raised questions about its long-term economic impact. Supporters of the plan have faced backlash, including from former President Donald Trump, who condemned it as a reckless move.
Plan to give US adults $5,000 has been greeted with incredulity across the political spectrum as well as outrageDonald Trump on Sunday doubled down on his controversial pledge to give US adults a $5,000 “dividend” if his Republican party keeps control of Congress after November’s midterm elections.The plan has been greeted with expressions of incredulity across the US political spectrum as well as outraged accusations of seeing to bribe voters. The plan – which would cost more than a trillion dollars – also comes amid huge concern over the US national debt, which topped $40tn for the first time in August.Reuters contributed to this article Continue reading...
