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Vote-buying inflation risk
- U.S. President Donald Trump announced at Dallas convention September 9, 2026 that every adult American would receive a $5,000 check if Republicans retain control in November.
- Critics say the pledge is a vote-buying bribe that could stoke inflation and add to the $40 trillion debt burden.
- The plan would cost over $1 trillion, surpassing the $1.6 trillion discretionary budget.
- Fed-linked bond yields rose to 4.86%, raising mortgage and auto loan costs.
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