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Trump Keeps Promising Cash on the Campaign Trail—but Has a Poor History of Following Through

21 October 2026 at 13:31
U.S. President Donald Trump arrives to speak at a midterm campaign rally at Pitt-Greenville Airport in Greenville, N.C., on Oct. 20, 2026. —Kent Nishimura—AFP/Getty Images

Donald Trump is betting that the promise of more money in Americans’ pockets will translate into support at the ballot box. With his approval ratings low and November’s midterms just weeks away, the President has made a series of financial pledges in a bid to preserve Republicans’ majorities in Congress.

At a Kansas rally on Monday, Trump announced that the Administration is offering an $8 billion aid package to help American farmers offset higher diesel costs in the current harvest season. Diesel has remained above $6 per gallon since mid-September, per the American Automobile Association, as oil prices have been pushed up by the war with Iran, which Trump started in late February.  

Some rural voters, who helped elect Trump in 2024, have grown disillusioned with him, but he continued to court them in Kansas, adding: “When the Republicans win, we will pass even more funding for our farmers. We love our farmers.”

Several opinion polls show that rising costs of living are top of mind for voters ahead of the elections. Some polls rate the President’s handling of the U.S. economy as very poor. Disenchantment with the current political and economic system has also reached a point where socialism has grown more popular among Americans.

Trump’s efforts to woo voters with offers of cash gained attention in September, when he explicitly promised a Dallas crowd that his Administration would dole out a $5,000 dividend to every American adult if the GOP maintains its majorities in Congress. But with about 240 million adult citizens, the proposal would cost around $1.2 trillion—a gargantuan financial undertaking that even some in his own party questioned how the U.S. could afford. Democrats, meanwhile, called the dividend proposal a vote-buying scheme.

The same month, the Administration promised to refund more than 950,000 Obamacare enrollees in 30 states $500 each for “overcharges” collected by the Biden Administration. Earlier this month, it promised a one-time $90 payment per person to help more than 20 million enrollees pay for their Medicare premiums. Some voters have already reported receiving these payments.

While mentions of these handouts have earned cheers at Trump’s supporter-packed rallies, it is unclear if they will translate to any additional earned votes. Voter turnout in the U.S. is historically lower during midterm and off-year elections, and Trump, in a bid to boost the GOP’s chances, has repeatedly called on his supporters to imagine that he is on the ballot. 

It’s also unclear if voters are sold on Trump’s cash-based solutions. For example, a Wall Street Journal poll in September found that 64% of respondents thought Trump’s proposed $5,000 checks were a “bad idea right now.” And even if Republicans won the election, an Economist/YouGov poll from September found that most voters are skeptical that Trump would deliver—and they have good reason to be.

What happened to Trump’s past cash proposals

Trump has made many big promises, but he hasn’t always kept them.

He has repeatedly floated the idea of giving a $2,000 stimulus check or tax rebate to most Americans, supposedly funded by revenue from the global tariffs he’s imposed throughout his second term. But since making that promise in November 2025, as of this month, such dividends have yet to materialize. TIME has reached out to the White House for comment.

When his on-and-off friend Elon Musk was implementing a cost-cutting initiative across the federal government last year, Trump said he was considering using some of the savings to give Americans cash. “We’re thinking about giving 20% back to the American citizens, and 20% down to pay back debt,” Trump said in February last year. That plan also never materialized.

During his first term, while he was seeking re-election in 2020, Trump promised that his Administration would send $200 discount cards to 33 million older Americans on Medicare to help them pay for prescription drugs. Critics slammed the plan for lack of a clear funding source and how it appeared to be designed just to court voters, but his term eventually ended without distributing those cards and he did not pursue the policy in his second term that began in 2025.

To save Americans in economic freefall during the COVID-19 pandemic, Trump in 2020 promised to get money to them “as quickly as possible.” It also coincided with his campaign for re-election. Eligible adults were able to receive as much as $1,200 as well as $500 per qualifying child. By October that year, the Internal Revenue Service delivered more than 160 million payments totaling over $270 billion. Although he did make good on his promise, the effort did not help Trump’s re-election, however, as he lost the 2020 presidential race to former Vice President Joe Biden.

Trump pours his own cash into election

Trump appears to be ramping up his own political spending to ensure the GOP’s political victory on Nov. 3. “I have spent, or will be spending, over 400 Million Dollars by Election Day,” he posted on Truth Social on Tuesday. “More than 300 Million Dollars has already been spent on Advertising, Direct and Indirect Voter Contact, Rallies, Rally Arenas, Telerallies, Get Out the Vote Programs, Election Integrity, and more.”

Trump’s super political action committee, MAGA Inc., allocated $277 million, a record amount for a second-term President, from the start of September through the first two weeks of October to help the GOP in the midterms, according to the latest Federal Election Commission filings.

The latest filings also show that MAGA Inc. received about $25 million in donations during that period. Some of the biggest donors include Trump-allied billionaire Diane Hendricks, Blackstone CEO Stephen Schwarzman, and casino-resort developer Steve Wynn.

MAGA Inc. has raised about $473 million since Trump’s re-election in 2024.

Trump Open to ‘Denuclearization’ Summit with Putin and Xi

20 October 2026 at 13:00
Russian President Vladimir Putin, U.S. President Donald Trump, and Chinese President Xi Jinping. —Vyacheslav Prokofyev—Pool/AFP/Getty Images; Aaron Schwartz—Getty Images; Ng Han Guan—Pool/Getty Images

President Donald Trump said on Monday he wants to hold a trilateral summit with Russia’s President Vladimir Putin and Chinese leader Xi Jinping in China to discuss “denuclearization.”

Speaking to reporters at the White House, Trump said such a meeting, which would be the first time the three leaders met outside of a larger multi-leader gathering, would be a “very positive thing for the world.” The U.S. President added: “If they’d like to have it, I think it would be held in China.”

The three leaders are expected to attend the Asia-Pacific Economic Cooperation summit next month in Shenzhen, the southern Chinese tech hub.

Trump was responding to Putin’s reported proposal for a three-way meeting with Trump and Xi. The Wall Street Journal reported, citing unnamed sources familiar with discussions, that Putin suggested the idea to Trump in an Oct. 9 call, seeking the summit to potentially broker an end to the war Russia started in Ukraine more than four years ago, without having a Ukrainian representative at the table. 

Kremlin spokesperson Dmitry Peskov confirmed to the Journal that discussions of a potential meeting were underway, and U.S. Secretary of State Marco Rubio also suggested publicly that talks about a meeting were happening.

Trump, however, said that a trilateral summit would focus less on Ukraine: “We would have it to talk about nuclear weapons and denuclearization.”

Since his first presidential term, Trump has mused about scaling back the three countries’ defense spending. In a 2018 social media post, Trump said that he was “certain that, at some time in the future, President Xi and I, together with President Putin of Russia, will start talking about a meaningful halt to what has become a major and uncontrollable Arms Race.” He’s also made clear a goal to “de-nuke the world.”

A possible summit of the 3 biggest nuclear powers

According to the Stockholm International Peace Research Institute (SIPRI), of the estimated 12,187 nuclear warheads in the global inventory as of January 2026, about 9,745 were in military stockpiles for potential use. Of these, Russia has the world’s largest, with the U.S. a close second—together making up 83% of the global stockpile.

China is third with more than 600 nuclear warheads, representing only 6% of the global stockpile, though SIPRI notes Beijing is “expanding its nuclear arsenal faster than any other country.” 

The research institute says Russian and U.S. deployments of new nuclear warheads “are likely to rise in the years ahead,” with Moscow’s increase mainly due to military modernization allowing missiles to carry more warheads. Washington’s increase, on the other hand, “could happen as a result of more warheads being deployed to existing launchers, empty launchers being reactivated and new non-strategic nuclear weapons being added to the arsenal.”

Future nuclear proliferation in the U.S. and Russia is also uncertain after the bilateral Treaty on Measures for the Further Reduction and Limitation of Strategic Offensive Arms (New START) expired in February this year. That treaty placed verifiable limits on all Russian and U.S. deployed intercontinental-range nuclear weapons. 

“The whole thing is a shame, because I’d love to denuclearize if possible,” Trump told Newsmax on Oct. 15. 

In the interview, Trump said the U.S. was discussing denuclearization with Russia and China, but he added that Beijing “was probably less inclined.” During his first term, amid negotiations to extend the New START pact, Trump tried—and failed—to bring China into nuclear arms reduction talks. The U.S. is trying to bring China into the fold again, but Beijing has rejected past U.S. efforts, arguing that the U.S. and Russia must first reduce their larger arsenals.

A possible summit on Ukraine, without Ukraine

Putin’s suggestion of a trilateral summit on Ukraine would leave out a key player in the ongoing war: Ukraine, which unsurprisingly rejected the idea.

“A trilateral meeting between the leaders of Ukraine, the U.S., and Russia could help end the war sooner,” Ukraine’s foreign minister Andrii Sybiha posted Monday on X. “A trilateral meeting between the leaders of Russia, China, and the U.S. would do only the opposite: encourage Putin to continue this war.”

Speaking to reporters Monday, Peskov, the Kremlin spokesperson, said a final peace deal would obviously involve Ukraine​: “Of course, a final settlement is impossible without the participation of someone in Kyiv who is prepared to take responsibility.”

But the proposal comes as Russia increasingly appears to be in Trump’s favor. Trump unveiled a diesel deal with Russia earlier this month in an attempt to lower fuel prices, and he also stopped implementing scheduled sanctions on Russia—moves that his allies have criticized. Meanwhile, Trump has pushed Kyiv to stop striking Russian refineries, one of its advantages in the war. He’s also blamed Ukrainian President Volodymyr Zelensky for rising diesel prices and has called on Ukrainians to replace him.

Trump Endorses Netanyahu Days Before Israeli Election as Iran War Tests Friendship

19 October 2026 at 13:30
Israeli Prime Minister Benjamin Netanyahu and U.S. President Donald Trump during a joint press conference at Trump's Mar-a-Lago residence in Palm Beach, Fla., on Dec. 29, 2025 —Jim Watson—AFP/Getty Images

With days to go before a crucial general election in Israel, Prime Minister Benjamin Netanyahu received a last-minute endorsement for re-election on Sunday from his longtime friend, U.S. President Donald Trump.

“Bibi Netanyahu has been a Great Warrior Prime Minister, and an even greater Partner for Peace in combatting the Islamic Republic of Iran,” Trump posted on Truth Social Sunday. “Please let this Letter serve to represent my Complete and Total Endorsement of Bibi Netanyahu in his upcoming Race for Re-Election as Prime Minister of Israel.”

It’s a ringing, albeit late, recommendation for someone Trump hasn’t seen eye-to-eye with in recent months over how Netanyahu’s government has navigated the Middle East conflict. Trump explained his delayed endorsement to Axios reporter Barak Ravid, saying that he’d always meant to endorse Netanyahu because they “have a good relationship, and because we’ll continue to do good things together.” 

Trump said in his post that, if Israel were to have “the wrong Leader, which would be anyone other than Bibi,” the U.S. would be left alone to face the Iran threat. The U.S. and Israel jointly struck Iran in late February, kickstarting a conflict that has not only upended global markets but also thrust Middle Eastern regional security into turmoil.

“Bibi Netanyahu has been Strong, Brave, and Brilliant in the face of tremendous opposition, including that coming from even Israel, itself,” Trump added, in apparent reference to Netanyahu’s domestic challenges, including a corruption trial, some of which the U.S. President has previously tried to influence. “Despite all of that, he has endured and, in fact, he has thrived!”

Trump’s endorsement comes just before Israelis head to the polling booths on Oct. 27, some three years after the country’s war with terror group Hamas ignited. Since then, Netanyahu has been criticized by opponents for failing to deliver on his promise of restoring regional security.

Public disillusionment with Netanyahu was among several factors that led to the formation of the Yashar! (“Straight!”) Party, whose founder, former Israel Defense Forces Chief of Staff Gadi Eisenkot, is challenging Netanyahu for the premiership. Eisenkot’s son and nephews were killed in the war in the Gaza Strip.

It’s unclear how big of an electoral boost Netanyahu will get from Trump’s endorsement. An opinion poll from nonprofit The Jewish People Policy Institute in Jerusalem released this month shows that most Israelis still see Trump as a great friend of Israel. A separate opinion poll from JPPI, however, shows their trust in him has eroded. Eisenkot, reacting to Trump’s endorsement, said at an event in Tel Aviv that while he appreciates Trump, only Israelis will decide on their next Prime Minister. Some surveys show Yashar! is in a tight race with Netanyahu’s right-wing Likud party.

Netanyahu nonetheless thanked his “dear friend Donald” in a video posted on social media, saying he was “honored” and “humbled” by Trump’s backing, adding that the U.S. was “fortunate” to have Trump as its leader in the fight to denuclearize Iran.

Trump and Netanyahu’s fraught friendship

Even before Trump became U.S. President, he had publicly endorsed Netanyahu, though Trump, still only a TV personality in 2013, said that the Israeli politician asked for it. Since Trump was first elected, the two have been political allies and friends. Their relationship, however, has seen a number of ups and downs since Trump returned to the White House last year.

Netanyahu was the first foreign leader invited to the White House during Trump’s second-term Administration, and he has met with Trump repeatedly since. Netanyahu pushed Trump to target three key Iranian nuclear facilities in June last year. Last November, Trump sent a letter to Israeli President Isaac Herzog, asking him to pardon Netanyahu on his drawn out corruption trial, which the U.S. President deemed to be “political, unjustified prosecution.”

On Feb. 11, when Trump and Netanyahu met in a closed-door meeting at the White House, Israel and the U.S. failed to reach an agreement on how to proceed with Iran. Netanyahu has long sought to decapitate the Iranian leadership, but Trump at the time insisted on negotiations. Netanyahu, nonetheless, reportedly pressed Trump to launch the Iran operation later that month.

Since their last meeting, their relationship has markedly shifted. Trump has since tried to find an off-ramp to the war in Iran, but Israel’s actions made such peace deal talks thorny.

In March, after Israel attacked Iran’s South Pars gas field in the Persian Gulf, Trump said he told Netanyahu to stop such attacks. Then, on April 17, Trump declared on Truth Social that Israel was “PROHIBITED” from further bombing Lebanon, where it was at war with the militant group Hezbollah. Netanyahu, however, insisted that Israeli troops would remain in southern Lebanon and that security threats persisted—complicating Washington’s efforts toward peace as Tehran indicated that any deal would need to include a halt of the attacks in Lebanon.

When Netanyahu in June ordered strikes on a Hezbollah stronghold in Beirut to retaliate against the group’s alleged attacks on Israel, Trump phoned and excoriated the Israeli Prime Minister, reportedly calling him “f-cking crazy.” Asked by CNBC about the call, Netanyahu said: “We have common goals. Sometimes we have, as in the best of families, you have these tactical disagreements. We always find a way to work them out, and we do so as great friends.”

During Netanyahu’s seventh U.S. visit in July, Trump went public with his frustration. During a telephone interview on Fox News, Trump criticized Netanyahu over reports that the Israeli leader planned to share intelligence showing Iran rebuilding its nuclear program. The U.S. President said: “I don’t need Bibi to tell me that. Bibi is telling me that because he wants me to stay involved.”

Netanyahu is part of Trump’s U.N. alternative called the Board of Peace, though Israel broke again with the U.S. President by rejecting having Turkish and Qatari representatives on the board’s subpanel, the Gaza Executive Board, which is tasked with overseeing post-war reconstruction in the Gaza Strip.

Then Netanyahu rejected the Board of Peace’s 15-point plan to advance a cease-fire in the Gaza Strip and insisted that Israel would not withdraw before Hamas fully disarmed. 

In Trump’s extensive interview with TIME in late September, Trump did not answer directly when asked repeatedly if the Israeli population should give Netanyahu another term. “I can only say that I’m not involved in politics anymore,” the U.S. President said. 

But despite the lack of clear endorsement then, Trump seemed confident that “Bibi” could still win. “People have written off Bibi many, many times, just like they’ve written off me many, many times,” Trump told TIME. “I wouldn’t underestimate Bibi.”

What We Know So Far About the Elementary School Shooting in Bend, Oregon

16 October 2026 at 07:45
Police tape is placed outside Silver Rail Elementary school in Bend, Oregon, on Oct. 15, 2026. —Joe Kline—AP

The 16-year-old suspect who opened fire at an elementary school in Bend, Oregon, on Thursday, has been identified as Griffin J. John II. The assailant killed three children and a teacher before he was shot dead by a community member, police said. 

Bend Police Chief Mike Krantz identified the suspect in a press conference late Friday, adding that John was a former special education student at the school, Silver Rail Elementary School. He was not enrolled in the school district at the time of the shooting. 

In a press conference on Thursday, Krentz said that the children killed were ages 5, 8, and 11. A 7-year-old and a 54-year-old teacher were transported to St. Charles Bend hospital with critical injuries. As of Friday, the 7-year-old is alive and in “serious but stable” condition, according to officials.

The police also shared the names of two of the victims on Friday: 5-year-old Rhoam Summer and 25-year-old teacher Megan Lambert.

Krantz said a community member saw the suspect entering the school, pursued him inside, and shot him. Officials have not publicly named the bystander, but family members identified him as Kaylub Giamanco, 36, whose two daughters attend the school. His brother, Kyle Giamanco, told NBC News that Kaylub was on a break from work when he drove past and saw the gunman entering the building. Kyle said his brother has a concealed-carry permit.

The chief said the suspect forced his way into the school by firing at locked doors.

He fired 15 rounds and had 44 more in a backpack, the police said, adding that it would have been a much deadlier attack if not for a teacher who threw a phone at the shooter, and the bystander, a father of two students at the school, who killed the attacker.

FBI Director Kash Patel posted on social media that the agency’s Portland field office is assisting in the investigation. “We will make every resource they need available,” he added.

A vigil was held Thursday evening in the wake of the shooting.

Community members grieve during a candlelight vigil at Drake Park in Bend, Ore., on Oct. 15, 2026. —Mathieu Lewis-Rolland—Getty Images

“A school should be a safe place where children can learn and feel secure,” Bend Mayor Melanie Kebler said at the press conference. “What happened today should never happen.”

Oregon Gov. Tina Kotek said at the same conference that her heart was “absolutely broken” over the incident: “No parent should have to have this kind of day, and no community should have to live through this kind of day.” She also thanked the community member who pursued the shooter.

CNN’s analysis of incidents reported by the Gun Violence Archive, Education Week, and Everytown for Gun Safety shows that the shooting at Silver Rail Elementary marks the 36th on K-12 school grounds this year. It is the 52nd school shooting in the country this year.

What happened?

In the press conference Friday, officers provided a clearer picture of what happened during the shooting. The assailant jumped over the fence by the school’s playground and shot through the glass panes on the side doors in order to get into the building.

He then entered a mixed special education classroom and opened fire.

Krantz said that at 12:59 p.m., police received a 911 call from a person in a vehicle who reported being shot at multiple times by someone “with a long gun.” 

Multiple calls followed, reporting that a shooter had entered Silver Rail Elementary School, which is about 120 miles southeast of Portland. The school enrolls more than 400 students from kindergarten to 5th grade. 

Krantz said police directed the school to go into lockdown at 1:01 p.m. and first responding officers arrived a minute later. Upon entering the school building, Krantz said, officers confirmed that the suspect was dead and found the four other people who died from their injuries, and their families have been notified.

Officers located a Maverick 88-pump and 12-gauge shotgun near the suspect, as well as a backpack with the added ammunition.

How are politicians reacting?

Oregon’s Republican candidate for governor, state senator Christine Drazan, posted on social media that her heart was with the affected families, students, and teaching staff. “We have to commit to protecting our kids,” she added. “We have to put a complete stop to shootings at our schools. This has to end.”

Rep. Janelle Bynum, a Democrat who represents the district that includes Bend, said in a statement: “Our babies are supposed to do arts and crafts at school, not use their desks as cover from gunfire. They’re supposed to make friends, not mourn them.”

U.S. Senator Ron Wyden (D, Ore.) lamented in a statement that the victims in Silver Rail Elementary School and their loved ones faced the “awful consequences” of another school shooting in the country. He added that the “best way to honor” them is to “at long last pass common-sense gun laws that reduce the risks of more children, parents, teachers and staff forced to live in fear of similar nightmares for their schools.”

When asked about the shooting on Friday, President Donald Trump praised the bystander who shot and killed the suspect.

“We had a great hero who went in and did the business. He took care of business,” Trump said. “It’s a terrible thing, but thank goodness for a man that had a gun and knew how to use it.”

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