Trump's $1 trillion-plus 'dividend' plan meets immediate bipartisan pushback
Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
Brief by WorldPing · Original reporting by CNBC World
WorldPingPenn Wharton's Kent Smetters says the payout, floated at the GOP's midterm convention, could add up to $1.35 trillion to the $40 trillion national debt.
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Trump’s $5,000 ‘dividend’ is really a $1.15 trillion hole in the deficit, top economist estimates
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Such a payout could cost more than $1 trillion and is likely to face legal obstacles.
Brief by WorldPing · Original reporting by CNBC World
Economists say President Donald Trump’s promise of a $5,000 "dividend" check could stoke inflation, further straining household finances in the long run.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe payments could cost more than $1 trillion and would require congressional approval, while tariff revenue would fall far short.
Brief by WorldPing · Original reporting by Fortune
WorldPingBut Americans did get another $350, on average, in their tax refunds this year.
Brief by WorldPing · Original reporting by Fortune
WorldPingAnalysts question if the US president's election year offer is workable, legal or affordable.
Brief by WorldPing · Original reporting by BBC News
Some German politicians are calling for a delay to the EU plan to phase out gas-powered vehicles, saying cars must be judged on the entire carbon footprint. But the full picture still says EVs are more climate friendly.
Brief by WorldPing · Original reporting by Deutsche Welle