Economist doubts Trump’s $5,000 check proposal will become reality

Douglas Holz-Eakin, a former Congressional Budget Office director, said President Donald Trump’s proposal to send $5,000 payments to Americans if Republicans retain control of Congress is unlikely to happen. Holz-Eakin also questioned earlier proposals involving payments tied to government savings, tariffs and child care.

Holz-Eakin said the administration faces broader economic challenges, including elevated inflation, rising national debt and a growing deficit. He called for tighter control of federal spending and debt without raising taxes.

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