Donald Trump stunned the Republican midterm convention in Dallas by promising a $5,000 “Trump Dividend” to adult American citizens if Republicans retain control of Congress. Major outlets immediately began calculating a potential price tag exceeding $1 trillion—and asking how it could possibly be funded.
But another enormous number surfaced at almost the exact same time. A recent Cato Institute analysis estimates nine policy areas associated with the Democratic Socialists of America could require $71 trillion to $212 trillion in additional federal spending over ten years. Cato stresses that its calculation is an order-of-magnitude estimate, not an official CBO score.
Tonight we follow the money—from Hunter Biden’s spectacular $LAPTOP meme-coin collapse, to Jimmy Kimmel rumors, John Fetterman’s surprising Republican-convention appearance, Trump’s Iran prediction and Census proposal—and finally to the question Washington hates most: