US President Donald Trump proposed that if the Republican Party wins a big victory in the November midterm elections, a check of 5,000 US dollars will be issued to every adult American citizen. However, the proposal received a lukewarm response among the Republican members of Congress, who control federal spending power. Senior members of the Senate and House of Representatives have had a lackluster reaction to this plan. According to Trump, the total cost of the plan will exceed 1 trillion US dollars, and current issues of inflation and treasury bonds are plaguing voters and financial market participants. Senate Majority Leader John Hughen declined to answer on Thursday whether the Republican-controlled Senate would approve the plan. In an interview, he responded, “Well, that's a great question.” “When things get to that point, we'll deal with it.” House Republican chief tax legislator Jason Smith said he supports the idea in principle, but warned that in view of the party's concerns about the fiscal deficit, it will not be easy to pass the bill. He said, “The plan is viable,” but added that “the bill will not be easily passed.”

US President Donald Trump proposed that if the Republican Party wins a big victory in the November midterm elections, a check of 5,000 US dollars will be issued to every adult American citizen. However, the proposal received a lukewarm response among the Republican members of Congress, who control federal spending power. Senior members of the Senate and House of Representatives have had a lackluster reaction to this plan. According to Trump, the total cost of the plan will exceed 1 trillion US dollars, and current issues of inflation and treasury bonds are plaguing voters and financial market participants. Senate Majority Leader John Hughen declined to answer on Thursday whether the Republican-controlled Senate would approve the plan. In an interview, he responded, “Well, that's a great question.” “When things get to that point, we'll deal with it.” House Republican chief tax legislator Jason Smith said he supports the idea in principle, but warned that in view of the party's concerns about the fiscal deficit, it will not be easy to pass the bill. He said, “The plan is viable,” but added that “the bill will not be easily passed.”