US administration blatantly pushes 'giveaway' policies ahead of midterms
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With the US midterm elections set for the 3rd of next month, the Trump administration is blatantly pushing 'giveaway' policies. President Trump has said that if the ruling Republican Party takes both the House and Senate, he will hand out 5,000 dollars, about 790,000 yen, to every adult citizen, and he aims to gain an advantage in the election campaign by championing bold measures against high prices. Since September, the administration has also proposed paying 90 dollars, about 14,000 yen, per person to 20 million enrollees in public health insurance for the elderly, and amid a surge of opposition over the construction of artificial intelligence data centers, a plan to hand out cash to nearby residents has also emerged. According to a CNN poll, only 27 percent of respondents said they approve of Trump's handling of the economy. According to the bipartisan think tank the Committee for a Responsible Federal Budget, the cost is expected to reach 1.2 trillion dollars, about 190 trillion yen, roughly 1.5 times the cash payments implemented during the COVID-19 pandemic, and it could trigger higher inflation and rising interest rates.