Public American Dividend
The American Dividend.$5,000 per eligibleadult citizen.
The Public American Dividend: $5,000 to every adult U.S. citizen, promised by President Trump on 9 September 2026 and fueled, in the administration’s words, by tariff revenue, trade revenue, federal revenue and economic growth. On one condition: Republicans win the House and the Senate. This ledger tracks it, live, against the customs receipts.
Election day
The condition is decided
What is the Public American Dividend?
“Here is my promise: if the Republicans win the House of Representatives and the United States Senate, both of them … because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000.”
Donald J. Trump, 47th President of the United States
9 Sep 2026 · Republican midterm convention, American Airlines Center, Dallas · CNBC, 10 Sep 2026 ↗
- 1://Dividend per person
- $5,000
- 2://U.S. adult citizens
- 245.3M
- 3://Total scale
- $1.23T
- 4://Current status
- Promised
Where does the fund come from?
Tariff revenue, trade revenue, federal revenue, economic growth: the same sources the administration has pointed to as driving the dividend. Tariff revenue is the one with a public ledger. Here it is, live from the Treasury, against $5,000 for every adult citizen.
- A://Owed $1,226.5B
$5,000 × 245.3M adult citizens
- B://In the drawer $173.2B
Customs duties, net, fiscal year to date. Customs duties, net receipts, fiscal year to date, 30 September 2026. Source: U.S. Treasury, Monthly Treasury Statement, table 4.
- B÷A://Printed per adult $706
14.1% of each $5,000. Covered.
Below the line: months in which refunds exceeded collections, after the Supreme Court struck down the IEEPA tariffs on 20 Feb 2026. $B.
Adult citizens: 245.3 million, Census ACS 2024 table S2901, as cited by CNBC. Receipts: U.S. Treasury, Monthly Treasury Statement, table 4, Customs Duties, net. Refreshed when Treasury publishes, around the eighth business day of the month.
The road to the dividend
- Feb 2025 · Not paid
Savings from the Department of Government Efficiency, to be returned to households. The department is defunct.
CNBC, 27 Feb 2025 ↗
- Nov 2025 · Not paid
A payment funded by tariff revenue. It unravelled after the Supreme Court’s tariff ruling.
ABC News ↗
- 2025 · Paid
Sent to service members, from a military housing supplement Congress had already approved.
AP ↗
- Sep 2026 · Pending · 3 Nov
Every adult citizen, if Republicans win the House and the Senate. No mechanism has been announced.
CNBC, 10 Sep 2026 ↗
“If the Republicans win, you win with us, and you get $5,000.”
“Because the Democrats can’t do it.”
“…if you keep us in power and allow us to continue to do these things, then you’re gonna share in some of the benefit of this incredible wealth that we’re creating.”
“I would like to know how they would plan to pay”
“I am hugely in favor of winning the midterms, and love much about this admin, but am strongly against bread and circus bribes.”
“Will post-conservative Republicans also try to defend Trump’s $5K ‘dividend’ socialist vote-buying scheme that would cost nearly $1 trillion?”
Where things stand today
Polls open Tuesday 3 November 2026
The promise is conditional on the result. The ledger counts to the morning the polls open, Eastern time.
- Dividend status
- Promised, 9 Sep 2026
- Condition
- Republican House and Senate
- Election
- Tuesday 3 November 2026
- Funding
- Tariff revenue, per the administration
- Mechanism
- None announced
- Token trading
- On issuance
Who is the dividend for?
- Citizenship
- Adult U.S. citizens
- Age
- Adults
- How to qualify
- As promised: every adult citizen, if the condition is met
Election day
The condition is decided
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