Trump Proposes $5,000 Payout to Americans if Republicans Win Midterms

President Trump proposed paying every US adult a $5,000 “Trump dividend” if his party wins November’s congressional elections, delivering the pledge during a nearly two-hour primetime speech at the Republican Party’s first-ever midterm convention in Dallas. The proposal would likely cost more than $1 trillion and require congressional approval, with details on its legality and implementation still unclear.

Vance Speech Seen as Early 2028 Preview

Vice President JD Vance is set to deliver the convention’s keynote address, a moment widely viewed as an early test of his standing ahead of a potential 2028 presidential run, given Trump’s constitutional term limit. Trump is scheduled to close out the two-day event with final remarks.

Convention Highlights Divide Among Republicans

The event, centered heavily around Trump despite his historically low approval ratings, drew notable absences from some vulnerable Republican senators wary of close association with the president. Speakers largely focused on characterizing Democrats as extreme on cultural and security issues, while Trump defended his decision to strike Iran and predicted oil prices would fall once the conflict ends, though the war shows no clear signs of concluding after more than six months. Democratic Senator John Fetterman also made a notable appearance supporting a Republican colleague, adding an unusual note to the proceedings ahead of what is expected to be a closely contested midterm election.