President Donald Trump speaks at the Republican convention, Wednesday, Sept. 9, 2026, in Dallas. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump has pledged to send every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections. The dubious promise would likely cost more than $1 trillion and require congressional approval, and would further exacerbate the country’s nearly $1.8 trillion annual budget deficit and concerns about inflation.

Trump also said Wednesday that oil prices that have surged because of the Iran war likely won’t come down until after U.S. midterm elections. The comments were a striking acknowledgment from Trump about the conflict as his Republican administration faces mounting pressure to address high gas prices as the war in Iran grinds on with no conclusion in sight.

One Republican senator seems to like Trump’s ‘dividend’ idea

Kansas Sen. Roger Marshall, who’s attending the GOP midterm convention as he seeks his second term, is among the Republicans embracing Trump’s proposed payout to American adults.

“Comment how you will spend your $5,000 Trump Dividend when Republicans win in November,” he posted on X, eliciting mostly positive responses from his online followers.

Kansas has not elected a Democrat to the U.S. Senate since the 1932 wave election in the Great Depression. But Marshall faces a surprisingly energetic challenge for reelection from Democratic nominee Adam Hamilton, pastor of the nation’s largest United Methodist congregation.

Marshall did not expound on the cost of Trump’s idea or how it should be carried out legally. The president doesn’t have appropriations power under the Constitution. That power rests with Congress.

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