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Reconciliation Bypass
- U.S. President Donald Trump announced on X that he would give Americans $5,000 if Republicans retain control of the House and Senate.
- National Economic Council director Kevin Hassett said Congress could use budget reconciliation to approve the payments without Democratic votes.
- Commerce Secretary Howard Lutnick said the payouts would not be funded by taxpayers.
- The plan would cost about $1.35 trillion, far exceeding tariff revenues.
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