President Donald Trump joked that the $5,000 payments he has promised to every adult U.S. citizen would buy little more than 'a hamburger and maybe a small dessert' at his Mar-a-Lago club, a week before midterm elections. The pledge applies if Republicans win both the House and Senate, and would cost roughly $1.2 trillion and require Congressional approval. In an AP-NORC poll, 84% of U.S. adults named cost of living among the most important issues in their vote, and 79% disapproved of Trump's handling of it. Some economists warned the one-time payment would do little to ease affordability pressures and could worsen inflation. Trump has made similar cash promises before that did not materialize, including $200 prescription-drug cards for 33 million Medicare beneficiaries in 2020.
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Donald Trumpcost of livingmidterm electionsinflation
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