Trump pledges $5K 'Trump dividend' if Republicans hold onto Congress

Many are asking how the US could afford the nearly US$1.4 trillion ($2.8 trillion) bill.

Fiscally conservative Republicans are concerned about the likely more than $1 trillion cost of the plan.

Analysts question if the US president's election year offer is workable, legal or affordable.

The US president’s proposed payment has drawn Republican scepticism and Democratic condemnation amid mounting concerns over the national debt

'It will be called the Trump dividend,' the president said at the Republican midterm convention in Dallas. 'Now all we have to do is win'

President Trump promised to send every adult citizen $5,000, but only if Republicans maintain control of Congress in the midterm election, setting high expectations for the convention's final night.

The extraordinary proposal, delivered during the president's speech at the midterm convention, would cost $1.2 trillion and raised immediate ethical questions.

The US president's US$1.35 trillion pledge raises a number of questions, and he has not specified where the money would come from.

Under the outlined proposal, the federal government would issue the one-time (₹4,75,872) dividend check to adult citizens nationwide, contingent on lawmakers passing the necessary legislation through a GOP-led House and Senate.

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Approximately 270 million US adults, idea would cost around $1.35 trillion