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Cruz backs Trump’s $5,000 dividend as worker refund

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Story summary
  • Senator Ted Cruz (R-TX) said he would back President Donald Trump’s $5,000 dividend as a tax refund for workers.
  • President Donald Trump unveiled the $5,000 plan at the Dallas convention a day before Cruz’s interview.
  • Appropriations Chair Susan Collins (R-ME) warned the payout would cost $1 trillion, lack an income cap, affect 270 million adults.
  • Senate Leader John Thune (R-SD) said he has not committed to a floor vote on the dividend.