$2,000 tariff stimulus check update: Trump reveals when payments could come
Trump plans $2,000 stimulus checks funded by $195 billion tariff revenue, aiming to bypass Congress and target low- and middle-income Americans, amid legal and funding challenges.
- Last week, President Donald Trump updated the timeline for $2,000 checks, saying they would arrive toward the end of the year and he would not need congressional approval, using tariff revenue to fund them.
- In November, President Donald Trump said tariffs, including the Trade Expansion Act of 1962 and Sections 301 and 232, could fund $2,000 checks for low- and middle-income Americans.
- The Committee for a Responsible Federal Budget estimated the checks would cost about $600 billion, with a Supreme Court decision potentially blocking the plan, and the Treasury reported $195 billion in tariff revenue for the fiscal year ending Sept. 30.
- Americans face uncertainty as administration officials give mixed signals; The White House has not released eligibility rules while reporters noted Trump seemed to forget his promise recently.
- Looking beyond immediate payouts, President Donald Trump floated using leftover tariff funds to help pay down the nation’s over $38 trillion debt, while prior tariff-funded 'dividends' were traced to congressional appropriations.
17 Articles
17 Articles
On multiple occasions, the President of the United States, Donald Trump, referred to a payment of $2,000 for the entire American population.The funds of that bond would come from the collection of tariffs imposed by the Republican administration.After several months without news or concrete measures on the issue, the president recently again mentioned this possibility.Trump spoke again about the payment of $2000 for tariffs in the United States.…
Trump on $2000 Checks to Americans: “Toward the End of the Year”
Source: ANDREW CABALLERO-REYNOLDS / Getty President Donald Trump again floated the idea of $2,000 rebate checks for Americans, saying they could arrive “toward the end of the year.” Trump made the comments while discussing tariffs and economic policy during a recent appearance. Trump framed the checks as a possible rebate tied to tariff revenue collected by the federal government. He said the concept remains under consideration and would depend …
Trump Provides Update on When $2,000 Tariff Payments Could Come - The Thinking Conservative News
President Trump believes the administration does not need congressional approval to send out tariff-derived payments to Americans. The post Trump Provides Update on When $2,000 Tariff Payments Could Come appeared first on The Thinking Conservative News.
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