On the campaign trail this year, the U.S. President, beleaguered by low approval ratings just weeks before the November election, has promised voters a number of financial benefits in hope of retaining Republicans’ majorities in Congress.
Some rural voters, who helped elect Trump in 2024, have grown disillusioned with him, but he continued to court them in Kansas, adding: “When the Republicans win, we will pass even more funding for our farmers. We love our farmers.”
Trump’s efforts to woo voters with offers of cash gained attention in September, when he explicitly promised a Dallas crowd that his Administration would dole out a $5,000 dividend to every American adult if the GOP maintains its majorities in Congress. But with about 240 million adult citizens, the proposal would cost around $1.2 trillion—a gargantuan financial undertaking that even some in his own party questioned how the U.S. could afford. Democrats, meanwhile, called the dividend proposal a vote-buying scheme.
While mentions of these handouts have earned cheers at Trump’s supporter-packed rallies, it is unclear if they will translate to any additional earned votes. Voter turnout in the U.S. is historically lower during midterm and off-year elections, and Trump, in a bid to boost the GOP’s chances, has repeatedly called on his supporters to imagine that he is on the ballot.
Trump has made many big promises, but he hasn’t always kept them.
When his on-and-off friend Elon Musk was implementing a cost-cutting initiative across the federal government last year, Trump said he was considering using some of the savings to give Americans cash. “We’re thinking about giving 20% back to the American citizens, and 20% down to pay back debt,” Trump said in February last year. That plan also never materialized.
To save Americans in economic freefall during the COVID-19 pandemic, Trump in 2020 promised to get money to them “as quickly as possible.” It also coincided with his campaign for re-election. Eligible adults were able to receive as much as $1,200 as well as $500 per qualifying child. By October that year, the Internal Revenue Service delivered more than 160 million payments totaling over $270 billion. Although he did make good on his promise, the effort did not help Trump’s re-election, however, as he lost the 2020 presidential race to former Vice President Joe Biden.
Trump pours his own cash into election
Trump’s super political action committee, MAGA Inc., allocated $277 million, a record amount for a second-term President, from the start of September through the first two weeks of October to help the GOP in the midterms, according to the latest Federal Election Commission filings.
MAGA Inc. has raised about $473 million since Trump’s re-election in 2024.
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