Taxes wouldn’t fund $5,000 Trump ‘dividend’ if Republicans win midterms, says commerce secretary

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Intelligence Network • Data Science • AI Research • World News
Published: 2026-09-12T14:55:20.315Z • Permanent link

Commerce Secretary Gina Raimondo has revealed that a $5,000 "dividend" to all US adults, as proposed by former President Donald Trump, would not be funded by taxes. This revelation comes as part of a broader discussion on the feasibility of Trump's proposal, which aims to give every American adult a one-time payment of $5,000. According to Lutnick, a senior official at the US Department of Commerce, the estimated $1 trillion needed to fund these payments could come from a new visa program. This news has sparked intense debate, with many experts questioning the practicality of such a proposal.

The proposal, which was first unveiled during Trump's presidency, has been met with widespread criticism from lawmakers and economists. Many have argued that the cost of implementing such a program would be prohibitively expensive, and that it would be difficult to sustain in the long term. In contrast, proponents of the idea argue that it would have a positive impact on the economy, boosting consumer spending and stimulating economic growth. The debate has been ongoing for months, with many institutions and companies weighing in on the issue.

In a recent interview, Lutnick emphasized the potential for a new visa program to generate revenue for the government. According to Lutnick, the estimated $1 trillion needed to fund the payments could come from a combination of sources, including the new visa program, as well as increased fees from existing visa holders. The proposal has sparked intense debate, with many experts questioning the practicality of such a proposal.

The revelation that the $5,000 "dividend" would not be funded by taxes has significant implications for the data sources that track economic trends and consumer behavior. Companies that rely on this data, such as market research firms and financial institutions, will need to adjust their models to reflect the changed landscape. Research communities will also need to reassess their understanding of consumer behavior and spending patterns in response to this new information. Furthermore, the proposal has significant implications for markets, with investors potentially taking a closer look at the economic outlook and its potential impact on consumer spending.

The proposal has also significant implications for the policy environment, particularly in the context of the upcoming midterms. The proposal has been seen as a key plank of the Republican Party's economic agenda, and many lawmakers are likely to be watching the proposal closely in the lead-up to the election. The debate has also highlighted the deepening divide between Democrats and Republicans on issues of economic policy, with many Democrats opposing the proposal on the grounds that it would widen the wealth gap and exacerbate income inequality.

The proposal to give every US adult a $5,000 "dividend" is part of a larger pattern of debate around economic policy in the US. In recent years, there has been a growing trend towards universal basic income (UBI) experiments, with several cities and countries exploring the potential of UBI as a way to address poverty and inequality. The proposal has also been compared to other forms of economic stimulus, such as the 2008 stimulus package, which provided billions of dollars in funding for infrastructure projects and tax cuts.