Where would $1.2 trillion for Trump's $5,000 checks come from? Not taxes, Lutnick says

Commerce Secretary Howard Lutnick said the Trump administration will not use tax dollars to pay the $5,000 dividends President Trump promised U.S. adults if the Republicans win the November midterm elections.

Where would $1.2 trillion for Trump's $5,000 checks come from? Not taxes, Lutnick says

TL;DR

  • Trump administration will not use tax dollars for promised $5,000 dividends.
  • President Trump promised dividends to U.S. adults if Republicans win midterms.
  • Commerce Secretary Howard Lutnick made the announcement.