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Updated on: September 10, 2026 / 1:25 PM EDT / CBS News

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President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of the House and Senate.

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The announcement came almost an hour into Mr. Trump's speech to the Republican National Committee's first-of-its-kind midterm convention in Dallas, as he seeks to rally Republican voters and fight significant political headwinds in the November elections.

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"If the Republicans win, you win with us and you get $5,000," he said.

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The president did not offer details on how the payments — which he dubbed "Trump Dividends" — would work, including whether he plans to ask Congress to authorize the checks. He has floated the idea of cutting checks to U.S. citizens in the past, proposing $2,000 dividends funded by tariffs last year.

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Mr. Trump argued the payments would be a consequence of the country's "tremendous economic success," and suggested they could be funded partially by his administration's tariffs on foreign goods.

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Appearing on Fox News after the speech, Vice President J.D. Vance said that "what the president's talking about is fundamentally a dividend for American workers."

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"We're taking in an…

Original source: https://www.cbsnews.com/world/

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