President Trump proposed the $5,000 "Trump dividend" in September 2026, conditioning it on Republican retention of both congressional chambers after the November 3 midterms and suggesting tariff revenue as a funding source. The plan would require new legislation for authorization and appropriations, as the Constitution assigns spending authority to Congress and prior similar pledges have not advanced. Estimated costs exceed $1.2 trillion, far outstripping projected tariff collections of roughly $200 billion annually, while adding substantially to deficits already near $2 trillion. With the March 31, 2027, resolution deadline approaching, traders assign a 94.8% implied probability to "No" given the legislative, fiscal, and timing constraints.