                                        {"id":8572,"date":"2026-09-10T20:08:29","date_gmt":"2026-09-10T20:08:29","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=8572"},"modified":"2026-09-10T20:08:29","modified_gmt":"2026-09-10T20:08:29","slug":"trumps-proposed-5000-dividend-blindsides-congress-angers-fiscal-conservatives-a-dangerous-arms-race","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=8572","title":{"rendered":"Trump&#8217;s proposed $5,000 dividend blindsides Congress, angers fiscal conservatives: &#8216;A dangerous arms race&#8217;"},"content":{"rendered":"<div>\n<p>DALLAS \u2014 Conservative fiscal hawks greeted President Trump\u2019s proposed $5,000 payout to Americans if Republicans hold the House and Senate in November with a frosty reception, even as some were reluctant to say so publicly. <\/p>\n<p>Read more <a href=\"https:\/\/metrotransitreview.com\/?p=8570\">Exclusive | Gilgo Beach killer Rex Heuermann disciplined for drug possession, smuggling inside infamous \u2018Little Siberia\u2019 prison: records<\/a><\/p>\n<p>During his barn-busting speech at the GOP midterm convention, Trump claimed that America\u2019s \u201ctremendous economic success\u201d made the proposal possible for roughly 245 million US citizen adults, which could cost more than $1.2 trillion. <\/p>\n<p>Senate Majority Leader John Thune (R-SD) indicated that congressional leaders didn\u2019t get a heads-up, telling The Post that he \u201cheard about it, as you did last night.\u201d<\/p>\n<p>\u201cThe difference between the president and our team, Republican majorities in the House and the Senate, and Democrats who are going to grow government and have government spend money on the American people versus a philosophy that allows the American people to make those decisions for themselves,\u201d he said.<\/p>\n<p>Ironically, Trump\u2019s proposal came after he spent much of his speech bashing Democrats as \u201ccommunists\u201d and warning they would wreak havoc on the economy.<\/p>\n<p>\u201cWe are in a dangerous arms race where Republicans and Democrats compete to run up budget deficits by bribing voters with spending hikes and tax cuts that the country can\u2019t afford,\u201d Jessica Riedl, a\u00a0budget and tax fellow at the Brookings Institution, vented to The Post. <\/p>\n<p>\u201cThe only way to stop the deficit arms race is for the bond market to essentially cut off the federal government\u2019s borrowing ability, and that may be already starting right now with rising interest rates,\u201d Riedl added.<\/p>\n<p>\u201cIt never ends well for an economy.\u201d<\/p>\n<p>Riedl, who blasted the proposal as \u201cirrational and dangerous,\u201d further contended that \u201cany claim Republicans have on being deficit hawks is collapsing.\u201d<\/p>\n<p>The US has some $40 trillion in debt, resulting in interest payments that are higher than military spending.<\/p>\n<p>Bond market yields for governments all over the world have been rocked by unrest and surging yields. The 10-year Treasury yield has jumped to multiyear highs, prompting the Trump administration to intervene.<\/p>\n<p>Read more <a href=\"https:\/\/metrotransitreview.com\/?p=8568\">Suzy Kolber shares heartbreaking details from ESPN firing \u2014 and the moment she \u2018lost it\u2019 on exec<\/a><\/p>\n<p>\u201cOr maybe some of us think dependency is evil &amp; soul-sucking in all its forms,\u201d outgoing Rep. Chip Roy (R-Texas) posted on X in response to a post about criticisms of the $5,000 proposal.<\/p>\n<p>Palantir co-founder and GOP donor Joe Lonsdale was more direct. <\/p>\n<p>\u201cI am hugely in favor of winning the midterms, and love much about this admin, but am strongly against bread and circus bribes,\u201d he wrote. <\/p>\n<p>Trump previously floated dividends from the Department of Government Efficiency\u2019s (DOGE) savings and from tariff revenue. <\/p>\n<p>When asked about why he can\u2019t send out the checks now, Trump told Fox News\u2019 Laura Ingraham, \u201cBecause the Democrats can\u2019t do it, because with them, it\u2019s negative growth. With us, it\u2019s so positive,\u201d according to a preview clip.<\/p>\n<p>Due to the Supreme Court\u2019s ruling torpedoing Trump\u2019s International Emergency Economic Powers Act (IEEPA) tariffs, the administration has been forced to return the revenue from those duties. Trump has moved to use other tariff power to keep up his protectionist agenda.<\/p>\n<div>\n<\/div>\n<p>Still, Vice President JD Vance contended that tariff money could still pay for the dividend proposal. Uncle Sam brought in just under $300 billion for fiscal year 2026 as of July 27, according to the latest data from US Customs and Border Protection.<\/p>\n<p>\u201cWhat the president\u2019s just saying is, if you keep it going, to the American people, if you keep us in power and allow us to continue to do these things, then you\u2019re going to share in some of the benefit of this incredible wealth that we\u2019re creating in the United States of America,\u201d Vance told Fox News\u2019 \u201cHannity.\u201d<\/p>\n<p>\u201cI don\u2019t think it\u2019s a controversial idea. It\u2019s actually the President of the United States saying, we\u2019re all working together. We\u2019re all on the same team. And if we continue to create wealth, that wealth is going to go back to the American people.\u201d<\/p>\n<p>Trump indicated that the dividend would have a restriction requiring adults to spend on American goods and services.<\/p>\n<p>Read more <a href=\"https:\/\/metrotransitreview.com\/?p=8566\">Savannah Guthrie quietly makes heartbreaking admission in new statement about missing mom Nancy<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Conservative fiscal hawks greeted President Trump&#8217;s proposed $5,000 payout to Americans if Republicans hold the House and Senate in November with a frosty reception, even as some were reluctant to say so publicly.<\/p>\n","protected":false},"author":1,"featured_media":8571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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