Trump’s $5000 dividend labelled “bribery”

Donald Trump’s promise of a $5,000 “Trump dividend” for every US citizen if Republicans retain control of the US Congress in November’s midterm elections has sparked incredulity and accusations of bribery.

“If the Republicans win, you win with us, and you get $5,000,” Trump said during the unprecedented Republican midterm convention in Dallas. “It will be called the Trump dividend.”

It comes amid extreme concern over the US national debt, which exceeded $40tn for the first time in August.

Speaking to Politico, Chip Roy, the Republican US representative from Texas, sounded skeptical. “Well – I would like to know how they would plan to pay for … back of envelope … well over $1tn,” he said.

In the moments after Trump made the announcement, Marc Goldwein of the Committee for a Responsible Federal Budget wrote on X that “this would cost about $1.2 TRILLION in just one year. That’s more than ALL THREE ROUNDS of COVID relief checks, despite no recessions. The result would be a huge spike in the deficit, and almost certainly in the inflation rate.”

The US has roughly 240 million adult citizens, suggesting the cost of $1.2tn. The federal government spent about $7tn in fiscal year 2025, with about $2tn taken on as debt.

“The 10-year [Treasury bond is] approaching 5%,” Goldwein said on Thursday morning. “Inflation is not under control. We spend more on interest than we spend on defense or on Medicare at this point. Social Security is six years from insolvency. Just about the last thing we need is to borrow another trillion dollars to send checks to everybody.”