President Donald Trump on Wednesday proposed giving a $5,000 “dividend” payment to every adult U.S. citizen if Republicans hold both chambers of Congress after this November’s midterm elections, though the cost could add substantially to the federal deficit.

Trump delivered a speech Wednesday night at the RNC’s Midterm Convention in Dallas, pledging to issue the $5,000 dividends if GOP candidates secure majorities in both the House and Senate.

“Because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,” Trump told the crowd, adding that the dividend…

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