After election losses, Trump floats paying most US citizens US$2,000 each
The US president mused that the payments would be funded by billions in revenues collected from tariffs
Only high-income citizens are to be excluded, he wrote, without specifying income levels or a timeline.
Trump’s post comes nearly a week after Democrats scored gains across the country in numerous local and state races, notably winning the governorships in New Jersey and Virginia and overturning Republican seats at a utility commission in Georgia, a heavily Republican state.
US inflation has remained high and is stuck at around 3 per cent, leading many people across the country to complain about higher prices.
In his post, Trump praised the US economy, saying that tariffs would bring in “trillions of dollars”, which could soon be used to start paying off the country’s enormous debt.
