U.S. President Donald Trump has promised $5,000 payments while defending his economic record against complaints about high prices in the final weeks of campaigning, Bloomberg Television reported on Nov. 1.
The promise puts compensation for higher costs alongside Trump's argument that the economy is performing well. He campaigned on bringing prices down, but some Republicans are questioning his handling of the economy.
Bloomberg Television's “Trump Struggles to Sell Voters on the Economy” described his efforts to persuade Republican supporters to vote in the approaching elections. His campaign stops included Alaska, Kansas and repeated visits to Texas.
The concern for Republicans is that dissatisfied supporters will stay home. Trump has been making his economic case in states where the party ordinarily faces less difficulty defending its position.
Trump has argued that the economy is doing well and blamed news coverage for complaints about prices. He has also defended oil and gas companies' earnings while consumers face higher fuel costs.
Alongside the proposed payments, Trump introduced an $8 billion diesel fuel credit for farmers facing higher costs, Bloomberg Television reported....