Speaker Johnson says Congress could work with Trump to deliver $5,000 checks to Americans but there are no guarantees
Key Points:
- House Speaker Mike Johnson stated that Congress would "work through" President Trump's promise to give $5,000 to American adults if Republicans retain control of both the House and Senate, but he did not commit to ensuring the proposal's execution.
- Johnson emphasized the need for consensus and cautioned against making upfront commitments due to Republicans' slim majorities, while affirming cooperation with President Trump to deliver on the promise.
- President Trump announced the $5,000 "Trump dividend" at the Republican midterm convention, a proposal that has drawn criticism from Democrats, some Republicans, and economic experts over concerns about inflation and increased national debt.
- Economic experts estimate that sending $5,000 payments to every U.S. adult could cost about $1.3 trillion, with some Republicans, including Florida Gov. Ron DeSantis, warning against adding to the national debt; the administration has suggested the funds could be earned rather than paid by taxpayers, though details remain unclear.
- On the ongoing conflict with Iran, Johnson denied that the White House has a blank check for war funding, described efforts as working toward resolution, acknowledged rising gas prices linked to the conflict, and expressed hope that the war would end soon, ideally before the midterm elections.