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President Donald Trump's promise of a $5,000 dividend for all Americans is facing immediate resistance from Democratic lawmakers who characterize the proposal as an unaffordable political stunt rather than a viable economic policy.
The pledge, which Trump made at the Republican National Committee's midterm convention in Dallas, is conditional on the GOP retaining control of both the Senate and the House in November.
The case for the payment rests on the administration's claim that the U.S.
can "easily" afford the payouts, but the risk is that the federal government would incur a cost of roughly $1.2 trillion to pay 240 million Americans.
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