Trump's $5,000 Checks May Rely on Wealthy Visas—Will Enough Sign Up?
Lutnick told NBC News that more than 100,000 people were already on a waiting list for the program."We have a waitlist of more than 100,000 people who want to come," Lutnick said. The Associated Press calculated that it would cost about $1.23 trillion, based on the number of adult U.S. citizens potentially eligible for the payments. But even if every person Lutnick says is on the waiting list ultimately qualified and paid the full amount, that would cover only about 41 percent of the estimated $1.23 trillion cost.
- ▪Lutnick told NBC News that more than 100,000 people were already on a waiting list for the program."We have a waitlist of more than 100,000 people who want to come," Lutnick said.
- ▪The Associated Press calculated that it would cost about $1.23 trillion, based on the number of adult U.S. citizens potentially eligible for the payments.
- ▪But even if every person Lutnick says is on the waiting list ultimately qualified and paid the full amount, that would cover only about 41 percent of the estimated $1.23 trillion cost.
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| Original publisher | Newsweek |
| Canonical URL | https://www.newsweek.com/trumps-5000-checks-may-rely-on-wealthy-visas-will-enough-sign-up-12434798 |
| Publication time | Sat, 12 Sep 2026 07:04:34 -0400 |
| Retrieval time | 2026-09-12T12:02:10.391Z |
| Last seen | 2026-09-12T12:02:10.391Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Cluster | CMRN9m7COp8X · 1 stories |
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Opening excerpt (first ~120 words) tap to expand
By Aliss HighamReporter0ShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.President Donald Trump is doubling down on his promise to send Americans $5,000 checks if Republicans retain control of Congress, but one of the newest ideas for paying for them would depend on tens of thousands of wealthy foreigners handing the federal government $5 million apiece.Commerce Secretary Howard Lutnick said Thursday that the proposed payments would not come from taxpayers or add to the deficit, pointing in part to the administration's yet-to-launch Trump Platinum Card program.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Newsweek.
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