Speaking at a party convention, the US president gave no details on how the plan would work or where the money would come from.
The US president has said every American will get $5,000 (£3,700) if the Republican Party wins November's midterms.
The president also said oil prices won't come down until after the November races, claiming without evidence that Iran wants to impact the election.
The fire broke out as the vessel nearing its destination at the tourist hotspot of Coron in Palawan.
King Oyo's family say he left a will naming his young son as heir to the Tooro kingdom.
Of the 42 people on board, 17 were were evacuated, CCTV reports.
Apple showed off at an event the first major design change to the iPhone in almost 20 years.
Declassified documents show Spanish and Moroccan authorities were alerted to social media calls for a mass migrant crossing the day before tens of thousands entered Ceuta.
The UK accuses Israel's government of turning a blind eye to the "ethnic cleansing" of Palestinians by settlers.
A federal judge denied them bail, saying the dual US-UK citizens' wealth and frequent international travel "constitute quintessential flight risks".
The decision, announced by the chief of defence, comes just two months after Uganda said it would participate.
The Prince of Wales and three Nordic kings were among those who attended proceedings on Wednesday.
The new models can travel at speeds of up to 300mph, faster than Ukraine's air defence interceptors.
The US president covered many of the subjects he has returned to time and again - with a few surprises thrown in.
A survivor has told the BBC of the chaos onboard as the ferry caught fire near the popular tourist spot of Coron.
AI agents went on an uncontrolled hacking spree, leaving some in the industry worried
The LA Rams will face the San Francisco 49ers in the first regular season American football game to be played Down Under.
Middle East Correspondent Lucy Williamson visits the Palestinian community of Khan al Ahmar, and the neighbouring Israeli settlement of Maale Admumim.
The BBC's Sarah Smith is at the Republican Party's first midterms convention in Texas, taking place as oil prices rise to $100 (£74) a barrel.
Police say they hope the drill will help prepare students, as concern grows over the increase in school shootings in South East Asia.
Tens of thousands of people lined the streets to pay their respects after 13 days of national mourning.
The driveway of the beach-front house collapsed on Tuesday morning, according to local authorities.