Update on 'Trump Gold Cards' - How President Donald Trump Wants to Pay Down or Eliminate National Debt

There are not many in either major party that are seriously suggesting that they federal debt could be paid off anytime soon, with a notable exception being President Donald J. Trump (R). That will be the topic in Part I of today's installment of the "Reality Check" series here on this Patch. The following was provided to this writer for MHProNews and this Patch by the Daily Signal.

Part I

News
‘Gold Cards’: How Trump Wants to Eliminate National Debt

George Caldwell | June 08, 2025

If previous statements from Commerce Secretary Howard Lutnick remain true, then the United States could roll out its “gold card” program soon—an unprecedented initiative to sell US residency to wealthy clients in order to raise revenue.

To be sure, there has been much talk of these gold cards, but with no implementation to date. If it actually came to pass, the gold card program—or “Trump card,” as the president calls it—would be a novel revenue source for the United States.

The idea first came to the forefront in February, when President Donald Trump proposed selling U.S. residency for $5 million a person to draw down the national debt.

Predicting that they would begin selling cards in two weeks, Trump said in February, “If we sell 10 million, which is possible … that’s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that.”

"If we sell 10 million, which is possible ... that’s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that."

President Trump says the new 'gold card' visa program could wipe out U.S. debt.

The program has yet to become reality, but Lutnick said at an Axios event in May that the cards could be rolled out soon.

“I expect there will be a website up called ‘trumpcard.gov’ in about a week,” said Lutnick. “The details of that will come soon after, but people can start to register and all that will come over a matter of the next weeks. Not months, weeks.”

He again promoted the program as a revenue generator, saying, “This is for people who can help America pay off its debt.”

Despite the program not being implemented yet, some immigration lawyers say they have heard a lot of interest from clients.

“We have already received genuine and committed interest from clients across our more than 60 offices worldwide … with affluent Indian and Bangladeshi nationals expressing a keen interest to apply at an exclusive event we held in Singapore last week,” Henley & Partners immigration lawyer Dominic Volek told Newsweek.

The United States would not be the first country to sell visas to wealthy clients.

Spain, for example, recently ended its “Golden Visa” program in April, which it had operated for 12 years. Under that plan, residency was sold for a minimum of 500,000 euros. (At the current exchange rate, that’s about $570,223.)

This policy was ended by Spanish Prime Minister Pedro Sanchez, who argued that it made housing more difficult to obtain for Spanish nationals.

Up to 2023, the program sold about 6,200 visas, according to Transparency International, with 2,712 of the purchasers being Chinese. Coming in second for the most purchases were Russians (1,159), while Iranians were in third place with 203.

Some doubt the feasibility of such a program in the United States.

“Right now, there is no real program and no details of the program, and there’s no law. There’s just a lot of marketing and warming up the market, so you can’t even really advise anybody about it, because the law doesn’t exist,” Nuri Katz, the founder of Apex Capital Partners, a firm that advises clients on immigration, told Forbes.

---

Part II Other Topic.

I don't know about you, but I wondered what happend to this previously floated concept. If Trump 2.0 is successful with this, it could be a big pressure lift off American taxpayers that could boost the economy in the process.

Not nearly enough attention has been paid to how the national debt could be reduced or eliminated.

As those who have been following this "Reality Check" series for this Patch closely for several months know, I like to weigh in more on the Part I topic. But to be candid, folks, I'm still behind on my other work.

So, more subjects, news and views are ahead. Thanks for checking in. God willing, I'll get caught up and provide even more meat for your mind to consider and digest in the days ahead.

Shareholders Push Giant Lockheed Martin to 'Phase Out' DEI Policies - Tyler O'Neil Lays out Facts and Impacts

U.S. AG Pam Bondi hosted members of President Trump's Cabinet at Department of Justice for the Inaugural Meeting on Anti-Christian Bias.

Romano Explains "Trading With The Enemy Act" "IEEPA" "Allows President To ‘Regulate… Importation’ Of Goods"

Robert Romano on Fed Law: 'National emergencies may be terminated by Presidential proclamation or by concurrent resolution of the Congress'

MHARR Outlines Their Concerns About Pending Housing Legislation Bills

MHARR - "certain aspects of their language that could potentially undermine those beneficial purposes for both the industry and consumers."

Hollis-Western Society will be Destroyed Without a Commitment to Truth

'Real education starts with a belief in objective truth and commitment to finding and promoting it. Western society will end without it.'

Emanuel-'Dem Party Weak and Woke' Amid Rumors Rahm wants White House

'Toxic' said former Obama-Biden era Chief of Staff and Chicago Mayor Rahm Emanuel slams Dems 'American Dream has Become Unaffordardable'

Poll: Strong Support Trump Priorities-Voters on Biden Health Coverup

New Poll Rising Approval for POTUS Trump’ Deporting Illegal Aliens and Strengthening Diplomatic ties in Middle Eastern nations to Serve U.S.---

Good, Bad, Ugly About Artificial Intelligence (AI): Problems-Solutions

Could AI become a "Skynet" or "Terminator" Style Threat to Humanity? What Can be Done to Control the Rapid Evolution of AI in our World?

Grok: Champion-Cavco Stock Slumps May Be Influenced by Trade Reporting

xAI-'Based on context and available data' 'MHProNews intensified reporting in recent months with AI fact Checks May Hit CVCO and SKY Stocks---

---

Grocery Prices See Biggest Drop in 5 Years as Trump Policies Take Hold

DCNF: "Grocery prices fell more in April than they have since 2020, driven by egg prices that saw their biggest drop in more than 40 years."

'Meticulous Review' of Bill Boor-MHI Remarks on U.S. Housing Shortage

'In a World Thirsty for Truth' Gemini Explained "How Hybrid Journalism Can Rebuild Trust and Uncover the Truth About Affordable Housing"---

President Trump Hints He'll Act Against More than Harvard University

"Billions of dollars has been paid to Harvard," POTUS Trump said. 'How ridiculous is that? Billions and they have a $52 billion endowment.'

Artificial Intelligence and Human Expert-AI Boosted Hybrid Journalism

The U.S. Affordable Housing Crisis is often Misunderstood. To Clarify Thorny Issues, Human Expertise & AI Boosted Fact Checks of Manufactured Housing Institute (MHI) and the Manufactured Housing Association for Regulatory Reform (MHARR).

Tyler O'Neil - Doctors Throw Cold Water on Biden Claim on Cancer

---

WHAT THEY ARE SAYING: "Trillions in Great Deals"

White House Releases Formal Remarks by Corporate Leaders Praising "Trillions in Great Deals Secured for America Thanks to President Trump."

Hanne Nabintu Herland-Much Ado About History

What Marxist Philosophers did to the West, as Explained by Author and Historian Hanne Nabintu Herland - Why Understanding History Matters

Romano-Winning-Inflation Slowed 4.2025 to Lowest Level Since Feb 2021

Robert Romano Foreshadowed this Last Month - Inflation is Falling Despite Negative Tariff Talk by Media and 'Experts' like István Dobozi.

Can Reform of Corporate Governance Boost US Stocks Appeal and Economy?

---U.S. stocks equal nearly half of global stock markets - why are American Markets Appealing and What Could Make Them Even Better?

USDA Expands Access to Manufactured Home Loans-Zero Down Loan Option

Manufactured Housing Institute oddly fails to report the news of this potentially useful option for millions who seek affordable home option---

Trump Battle on Giant China Trade Deficit-is it Smart? Is it Popular?

'Vast Majority of Americans Say China is a Threat to U.S. - Manzanita Miller Presents Recent Research on Importance of a China Trade Fix

Accused of Hypocrisy-Fair?

Senator Bernie Sanders himself said that Democrats drifted from being the party of the working man to embracing financial elites-the latest.

Manzanita Miller's Research Reveals "Bad News for Democrats in-2026"

Manzanita Miller's said "Independent Voters Tend To Predict Sweeping Midterm Election Victories And That Is Bad News For Democrats In 2026."

Real Estate and Conventional Housing Dips, Manufactured Housing Rising

“The single-family home building market is facing competing concerns" said NAHB Chief Economist Robert Dietz.

DHS to Pay Illegal Aliens to Self-Deport to Save U.S. Time and Money?!

Jacob Adams-"The Department of Homeland Security is offering to pay for illegal

First U.S.A-Born Pope Draws Praise From Trump, Dems and Others; BUT...

Pope Leo XIV-First Look at the new Pope from U.S.A./North America. Praise, Concerns, Prayers Needed and Wanted for Cardinal Robert Francis.

How Advocates Like Fran Quigley-Robert Reich Shape Housing Narratives

Expert & Copilot Intro: how Corporations-Associations-Nonprofits-Advocates Omit Key Affordable Housing-Manufactured Home Facts+HUD's Turner

‘Endemic Mismanagement of HUD Manufactured Housing Program’ Nom Turner

'Restoring and Expanding Affordable Housing Role of Manufactured Homes'–MHARR Letter Cites 2000 Reform Act, "Enhanced Preemption" Much More

---

Real Estate and Conventional Housing Dips, Manufactured Housing Rising

“The single-family home building market is facing competing concerns" said NAHB Chief Economist Robert Dietz.

Danny Ghorbani-Seeking Alignment with Trump-Turner Vision and MHVille

"My heart is not to grow the amount of people on subsidies," said HUD Secretary E. Scott Turner in recent remarks on Affordable Housing.

David Dayen v Carrie Sheffield - Left/Right Views on NPR and PBS Cuts

Dayen says Trump looks 'Weak' for NPR/PBS Cut vs. Sheffield: 'Trump Rightly Defunded PBS-NPR History of Anti-Conservative Pro-Left Content'

DHS to Pay Illegal Aliens to Self-Deport to Save U.S. Time and Money?!

Jacob Adams-"The Department of Homeland Security is offering to pay for illegal aliens to return home to their native countries." Insight$

Robert Romano - After Trump’s First 100 Days, The Best Is Yet To Come

President Trump Promises as New Tax, Trade and Immigration Policies Take Hold the Joe Biden ‘Overhang’ Will Pass; Romano Presents Evidence.

Manufactured Home Groups Split in Transparency Amidst Housing Crisis

Blend of human expertise w/AI fact checks and commentary by Gemini, Copilot, and xAI's Grok help unpack causes-solutions to housing crisis.---

Electric Vehicles (EVs) Green? New and Prior Videos Spotlight Issues

Bethany Blankley: 'ICE Arrests Nearly 800 in Miami Florida Operation'

California’s Homeless Crisis Shows Need for Government Accountability

---

Top Florida Senate Democrat Quits: 'Dem Party in Florida Is Dead'

ActBlue - Two Sides of a Looming U.S. Democrats vs. Republicans Drama

Big Tech Accused of Crime of Illegally Hiring Immigrants vs. Americans

MHARR-Housing Supply Framework Act Could Benefit New Home Production

Pope Francis dies at 88 - What is next for the global Catholic Church?

---

Get Real Evidence for Jesus Christ, Easter & the Resurrection Miracle.

Dealmaker-In-Chief: Trump Given Room for Tariffs As Negotiation Tactic

American Dream of Homeownership is Slipping Away-Association Spotlight

Congressional Lawmakers "Monopoly Busters Caucus" to Fight High Costs

---

Young Leaders' Faith Behrens on Gov. Ron DeSantis and Florida's Future

Congress Must Now Cut Taxes and Regulations plus Trump Tariff Insights

ESG Ruling Puts New Pressure on Public Pension Funds and BlackRock

Trump Team Secures Southwest Land Border-Lowest Encounters Since 2000

---

Manufactured Housing Misses-Experts and Insiders Critique MHI Failures

Hybrid journalism blends human expertise and insights with AI backed fact checks: "Untapped Potential" "Action Over Apathy" Supplanting MHI

Real Reason Behind Left’s Freak-Out About the Department of Education?

Is There a Recession Ahead? John Carney's Fact-Packed Insight & Answer

---

Americans Mostly Support Trump On Deportation vs Activists Fighting it

Manzanita Miller unpacks new survey insight most 'Americans Side With Trump On Deportation—Not w/Activists Fighting For Illegals and Gangs.'

Lakeland Study Test Frank Rolfe Claim "Mobile Homes" Lower Prop Values

Hybrid Expert Human Study Combined with Multiple AI Powered Fact Checks plus 3rd Party Research Expose Disputed Claims in Critical Reporting

Manzanita Miller-Trump Tax Cut Helped Middle Class-Extension Welcomed

According to Manzanita Miller, the "Trump’s Tax Cuts Benefited The Middle-Class And That Is Why Extending Them Is Wildly Popular" LATK FEA--

New Manufactured Home Production Trend UP But Research Raises Concerns

Manufactured Housing Association for Regulatory Reform (MHARR) Released Jan 2025 data that reflects continued improvements since 2023 but...

VP Vance-Illegal Immigrants Squeeze U.S. Citizens from Home Ownership

Bill Wilson - "A Mistake From The Past That Can Be Avoided"

GROK Affordable Housing Crisis Thesis-‘This Ain’t Theory—it’s a Heist’

Fact Checks by Grok-Copilot-Gemini Point to Problems at Manufactured Housing Institute that help Explain 21st Century Manufactured Home Sales

---

Is Decline in Christianity in U.S. Over? Pew Research Suggests It Is

Numbers of Those Praying and Attending Religious Services or Mass Have Stabilized According to Recent Findings Including a Big New Pew Study

Feb 2025 sees Lowest Number of Border Crossings in Modern USA History

HUD Sec Scott Turner Tension with HUD Research v Local Zoning Barriers

GROK reports on "Most Comprehensive" article on Sec Turner's recent remarks to WMAL, CPAC, and on challenges to solve affordable housing.

Dems Fretting Over Billionaires Are on Billionaire Dole for Years

Audrey Streb-for DCNF and via Daily Signal: Democratic Officials that Criticized Wealthy Despite Taking Funding from Billionaires (Ouch!)

Rob Romano-Who Controls Foreign Policy? President Or District Courts?

'Sexual Deviants' in Federal Service to be Fired-per DNI Tulsi Gabbard

More on those and other topics in this eclectic "Reality Check" series here on this Patch.

Big Majority Approve DOGE-Plus Political Cartoons to Muse and Amuse

THE Reality Check-All of Us Have Been Manipulated & Lied to-E. Nickson

Dan Bongino to FBI - 'We’re About to See it All. It’s All Coming Out.'

Larry Elder on 'Supercharging the U.S. Economy' Using a Proven Method

---

Democrats and GOP both 'Underwater' in New Poll-But Guess Which Leads?

By the Numbers - Evidence of Discrimination Against Believers in God

Employees! It is ‘Not Free Market Capitalism It’s Corporate Feudalism’

HUD Sec Turner-'Corporate Takeover of Housing—A Manufactured Crisis'

'Trump Is Leading a Historic Counterrevolution Against the Deep State'

Federal Racket-Follow the Money-Tammany Hall 2.0 and Big U.S. Media

U.S. Manufactured Home Industry Production 2024 Total Up per MHARR

(Note MHARR is short for the Manufactured Housing Association for Regulatory Reform.)

Scott Turner Confirmed Secretary of Housing and Urban Development-Official HUD+Manufactured Housing Association for Regulatory Reform (MHARR) News Releases; Manufactured Home Generational Wealth

> ‘Endemic Mismanagement of HUD Manufactured Housing Program’ Nom Turner

'Restoring and Expanding Affordable Housing Role of Manufactured Homes'–MHARR Letter Cites 2000 Reform Act, "Enhanced Preemption" Much More...https://patch.com/florida/lake...

> Big Govt, Big Pharma, Big Food made Americans Overweight and Unhealthy

> Virginia Bishop for ‘Well-Regulated Borders’ Amid VP J.D. Vance Rumble

> Romano-Trump Bans DEI In Federal Govt—States And Corporations Are Next

> How Republicans Should Follow Through on Tough Talk on Immigration

> NPR=87 Registered Democrats in Editorial Positions and No Republicans

> President Donald J. Trump’s Official 'America First Priorities'

---

> Rubio Senate Replacement Ashley Moody (FL-R) Gets Key Assignments

> Trump Plan: Make America Safe, Affordable, Restore U.S. Values for All

---

> Official Manufactured Housing Production from 1995-2023-Why it Matters

> Anna Paulina Luna (FL-R) and Barry Loudermilk (GA-R) MERIT Act Insight

> Executive Orders on Investigating Biden Censorship & Weaponization

> Floridian Dr István Dobozi Strikes at Trump Again in Magyar Article (Another critical analysis - fact check).

---

> Why do Liars Lie? Why do those Engaged in Paltering and Spin Palter?

> Controversy-Manufactured Housing Institute-Lesli Gooch-Mark Bowersox

> ‘Mobile Home Values Rising Faster Than Single-Family’ House-Wow Fact$

> Realtor-What Is a Manufactured Home? The Next Step Beyond Mobile Homes

> Orlando RE Agent Smith-Younger Adults Will Need $8500 Monthly for Rent

---

> Rob Romano-Time To Declassify Everything, Or Another RussiaGate Ahead

> Contemporary Tips from Legend Paul Harvey-Surprising Rest of the Story

> Alert: Is Affordable Housing Linked Scandal at Champion Homes Brewing?

> Report: Biden-Harris Federal Agencies Spent Millions Torturing Cats

> Lesli Gooch Ph.D.-Award, Coverup, Headfake, Scandal? Rest of the Story (Manufactured Housing Institute linked)

---

> ALG Unpacks Trump Pitch to Cut Drug Costs by Cutting PBM Middleman

> Is there Evidence that God Exists? Evolution vs. Intelligent Design

> Democratic Voters-Closer Look at Biden’s Acts Before Biden-Harris Exit

> Christian Leaders-Signs of 4th 'Great Awakening' Millions go to Jesus

> Attorney John Morgan - Democrat Megadonor on Kamala Harris Campaign

---

> USA Today - David Plouffe and Dem Advisers on Kamala Harris Revelation

> Majority OK Trump Transition-Mass Deportations-Tariffs- Is it Hopeful?

> Niskanen Center Praises Manufactured Home ‘Cost Savings’ and ‘Quality’

> Alice Carter-The Northern Forum-Deporting Immigrants & Housing Crisis

> Cartoons-Kamala Day 1, DOGE the Swamp, Brainwashing, & Out In the Cold

---

> The Creepy Line-Peter Schweizer-Dr. Jordan Peterson-Dr. Robert Epstein

> Secret State Miniseries - Fictional TV Series Shed Light on Reality

> Trump Transition Team Asked to Prioritize Affordable Housing Issues

> Top 10 States for Homelessness & Top Cities for Crime=Shocking Lessons

> WashPost-American Dream Fades But Assoc CEO Mark Weiss Shows Solution

---

> Blankley-Goodbye American Dream? Only 10% Polled Can Buy a House; But

> Frank Rolfe-Special Interests ‘Don’t Want to Solve Affordable Housing'

> TARK-‘I’m a Teen and Know the Solution to Affordable Housing Crisis’

---> Renting? Rent too High? Odds Are DOJ Suit vs RealPage Matters to You

> New-Certified “Half Price Homes” - Affordable Housing Solution Redux

---

> Solution: “Would-Be Homebuyers Need 80% More Income Than 4 Years Ago”

L. A. “Tony” Kovach is a publisher who has earned multiple awards in history. He and his family live in a manufactured home on private property in Winter Haven, FL. He is the co-founder of Manufactured Home Living News.com (MHLivingNews.com) and Manufactured Home Pro News.com (MHProNews.com), trade publications serving segments of the manufactured home industry. Having worked in several segments of the manufactured home industry for over 3 decades, Kovach is a widely acknowledged and often praised expert on manufactured housing. ###

Share