Cruz backs work-linked structure for Trump’s proposed $5,000 dividend

  • Sen. Ted Cruz backed work-linked tax refunds as the proposed $5,000 Trump Dividend’s eligibility debate continued.
  • Payments to roughly 270 million U.S. adults would total about $1.2 trillion, with estimates reaching $1.4 trillion.
  • Lutnick cited possible Platinum Card proceeds and Intel gains, but funding, congressional approval and a Senate vote remain unsettled.

President Donald Trump’s proposed $5,000 Trump Dividend has drawn conditional support from Sen. Ted Cruz, who said payments should be structured as tax refunds for people who work and pay taxes. Commerce Secretary Howard Lutnick said the payments would not rely on taxpayer money or the deficit, citing potential proceeds from the proposed Trump Platinum Card and gains on the federal government’s Intel investment, though those sources remain uncertain. The plan’s eligibility, financing and legislative path remain unresolved: a $5,000 distribution to roughly 270 million U.S. adults would cost about $1.2 trillion or more, while Senate Republicans including Susan Collins have raised cost and debt concerns. Trump has conditioned the payments on Republicans retaining or gaining control of both chambers of Congress, and Senate Majority Leader John Thune has not committed to a vote.

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