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2026-09-11T12:00:00.000Z

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Bank Audi and Mastercard aid 10,000 Lebanese entrepreneurs
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Candidate Pledges Large Payment If Elected

Candidate Pledges Large Payment If Elected

Here is a summary of the article: U.S. President Donald Trump made a promise to give every American adult $5,000 if the Republican Party wins the midterm elections for Congress scheduled for November 2026. This comes as part of a series of similar promises made by American politicians throughout history, including Democrat George McGovern's proposal in the 1970s to provide a guaranteed income to low-income Americans, aimed at addressing the complexity and simplicity of the social assistance system at the time. Although the idea of a "guaranteed income" sparked widespread controversy and criticism over its financial cost—estimated at hundreds of billions of dollars—McGovern secured the Democratic nomination. However, he withdrew his plan before the election out of concern that it would damage his credibility, and issues related to funding and costs played a significant role in his defeat. These initiatives demonstrate that offering large financial promises is a political tactic to attract voters, despite the economic and financial challenges associated with such promises.

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