Trump's midterm pitch: $5K checks and $1M rewards
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President Trump at a rally for Republican candidates ahead of the midterm elections in Highland Heights, Ky., on Oct. 17. Photo: Eric Lee/Getty Images
President Trump has been teasing thousands of dollars in potential payments and rewards for Americans ahead of the midterms, with some promises tied to Republicans retaining control of Congress.
Why it matters: Trump is putting financial relief at the center of his election pitch as voters grapple with high prices. But some payments are already underway, while others remain unfunded proposals or require congressional approval.
- Voters have doubts about whether Trump's giveaway promises will come true.
White House spokesperson Davis Ingle told Axios that Trump has "consistently proven his doubters wrong," citing his immigration, crime and economic policies.
- "With the continued support of the American people, President Trump will keep delivering real results."
Here's what Trump is promoting:
$1 million voter fraud reward
Trump announced on Oct. 26 a $1 million reward for anyone who reports voter fraud that leads to an arrest and conviction.
- The White House did not answer Axios' question about how the reward would be funded.
Context: The Justice Department's newly announced program provides discretionary payments of $10,000 to $30,000 for tips leading to criminal charges, rather than a guaranteed 1% commission.
1% government fraud reward
Trump announced a whistleblower program that gives tipsters who report and prove fraud cases a 1% commission of the amount of money that the government recovers from the tip, per AP.
- The president will determine if the tipster receives the reward.
$1,000 Trump Accounts
Trump is promoting Trump Accounts on the campaign trail.
How it works: The government invests $1,000 for children born from 2025 through 2028. Families, employers and others can add more.
- JPMorgan Chase, BlackRock, Nvidia and Uber have pledged supplemental contributions or matches.
- Treasury Secretary Scott Bessent told Axios that the Treasury created Trump Accounts for more than 60 million children automatically, with about 8 million people creating them before automatic enrollment.
- Earlier this year, rapper Nicki Minaj said at a summit with Trump and Bessent that she planned to contribute $150,000-$300,000 to fund the accounts, CNBC reports.
$5,000 dividend checks
Trump began promising $5,000 dividend checks in September during the Republican midterm convention in Dallas.
- He defended the decision to wait until after the midterms, telling Fox News, "Democrats can't do it."
Since then, Trump has touted the check proposal in video messages and campaign speeches.
- The White House cited Trump's financial record to justify the proposal.
What we're watching: Trump has previously floated $2,000 tariff rebate checks and $5,000 DOGE dividends in 2025, which have yet to materialize.
- An October NBC poll found that only 14% of U.S. adults thought they would receive a $5,000 check from Trump if Republicans maintain control of Congress.
$90 checks for seniors
In early October, Trump promised on social media that his administration would send $90 checks to about 20 million senior citizens.
- These payments went to Medicare recipients thanks to a rebate the White House announced on Oct. 2 to help Medicare "enrollees pay for their Medicare Part B premiums."
- The payments were financed through the Medicare Improvement Fund, which Congress created in 2008 to improve Medicare Parts A and B.
$500 Obamacare rebate checks
Flashback: The Trump administration announced in September that these $500 checks would go out to about 1 million people allegedly overcharged for their coverage under the Affordable Care Act, per Axios' Marc Caputo.
Direct health care cash
Trump has promised to redirect money currently going to health insurers to consumers so they can buy their own coverage plans.
- "We will give the money directly to you, the people, so you can go out and buy your own much better health care and have lots of money left over," he said at an Oct. 14 rally in Montana.
- He didn't lay out a specific payment plan.
Camp Lejeune settlements
Trump promised to direct the Justice Department to resolve "all remaining legitimate claims" regarding contaminated water at Marine Corps Base Camp Lejeune.
The bottom line: Though Trump has touted all these payments and rewards, he's warned that some depend on Republicans winning: "If we lose, you get nothing."
