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Peter Schiff Warns Trump’s $5,000 Dividend Plan Would Cost More Than Medicare — Interest on National Debt Would ‘Quickly Surge to Number One’

Oct 12, 2026 · 01:33 AM ET· updated 2h ago
Peter Schiff Warns Trump’s $5,000 Dividend Plan Would Cost More Than Medicare — Interest on National Debt Would ‘Quickly Surge to Number One’

Peter Schiff warned that Trump’s proposed $5,000 payments would become the third-largest federal expenditure as debt interest surges.

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Why It Matters

A famous investor says giving everyone $5,000 would cost a lot of money. The government would have to borrow more, making interest payments grow really fast.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.