President Trump is doubling down on his promise to send every American adult $5,000 if Republicans sweep the midterm elections, while his administration rushes other payments out the door, including $500 checks to Obamacare recipients and $90 direct deposits to Medicare Part B beneficiaries. Yahoo Finance Washington Correspondent Ben Werschkul breaks down the push, the estimated $1.2 trillion price tag of the $5,000 checks, and what the polls show: an Economist/YouGov poll found only about one in five registered voters think Trump would follow through, and an NBC poll found more voters would be less likely to back a candidate who supports the idea.
Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.
00:00 Trump’s $5,000 check promise
00:17 Checks going out now: Obamacare and Medicare payments
01:13 “Scouring every agency” for money
01:55 The $1.2 trillion price tag
02:00 What voters are saying
02:35 Few voters believe the checks will come
03:05 Could the checks cost Republicans votes?
03:35 Would the checks hurt the economy?
#Trump #Midterms #StimulusChecks #YahooFinance
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