Donald Trump pledged Wednesday to send every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections, an extraordinary gambit to reverse his party’s sagging fortunes in November.

The dubious promise would likely cost more than $1 trillion and require congressional approval, and would further exacerbate the country’s nearly $1.8 trillion annual budget deficit and concerns about inflation.

    • ExFed@programming.dev
      link
      fedilink
      arrow-up
      7
      ·
      2 days ago

      Make it $10k, bring back graduated corporate taxes (with global consolidated income to prevent ferreting away income in a plethora of international subsidiaries), and actually pledge to solving the debt and I’m sold.

        • Cethin@lemmy.zip
          link
          fedilink
          English
          arrow-up
          7
          ·
          2 days ago

          They also proposed something that would raise money. That used to be how a lot of this stuff happened. If you wanted to increase spending, it usually came with at least a discussion on how to offset it.