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Vice-president suggests payment would not go to all and would be paid for by tariff revenues despite supreme court rulings against much of Trump’s program
Marc Goldwein, the senior policy director at the Committee for a Responsible Federal Budget, a think tank in Washington, said Donald Trump has no authority send money to Americans without approval from Congress.
Goldwein added that dividends are something that companies pay when there’s a surplus, but the US is running $2tn annual deficits and has $40tn in debt.
The post Vance appears to walk back Trump’s offer of $5,000 ‘dividend’ if Republicans win midterms – US politics live appeared first on World news | The Guardian.
