Lutnick Addresses Funding for Trump's Proposed $5,000 Payouts

Why it matters locally: While the proposed payouts would not directly use taxpayer funds, any such large-scale economic initiative could indirectly affect consumer spending and economic activity across all states, including Utah.

---

Commerce Secretary Howard Lutnick addressed the funding mechanism for former President Donald Trump's proposed $5,000 payment to adult U.S. citizens. Lutnick stated these payments would not use taxpayer funds. Trump previously outlined a plan for a $5,000 "dividend" for all U.S. adults. Lutnick clarified that the proposed funding source for this initiative would not involve government revenue generated through taxation.