Johnson States Trump's Proposed 'Dividend' Requires Congressional Action

Why it matters locally: Any federal 'dividend' payment to citizens would directly affect West Virginia residents, as it would be a direct financial benefit or adjustment to federal spending that impacts all taxpayers, including those in the state. The requirement for Congressional action means West Virginia's congressional delegation would participate in discussions and voting on such a proposal.

---

WASHINGTON – House Speaker Mike Johnson stated that a proposed financial payment, referred to as a 'Trump Dividend' by former President Donald Trump, would need approval from Congress to become reality. Trump introduced the concept last week at the Republican Party's midterm convention in Dallas. He characterized the dividend as a benefit for voters, contingent on the Republican Party maintaining control of Capitol Hill.