US EditionPublished • loading... • Updated
Trump Again Floats the Idea of $1,000–$2,000 Stimulus Checks From Tariff Revenue, but Action Unlikely
Trump’s proposal would use $214.9 billion in tariff revenues collected this year to provide up to $2,000 stimulus checks while aiming to reduce the $37 trillion national debt.
- On Thursday, President Donald Trump said he is weighing rebates of up to $2,000 to Americans funded by tariff revenue, saying his team is considering "maybe $1,000 to $2,000."
- The tariff program, which began in April 2025, has generated hundreds of billions in revenue, with the Treasury Department reporting $214.9 billion this year, and the president suggesting it could yield over $1 trillion annually.
- Shortly after, Republican Sen. Josh Hawley of Missouri proposed at least $600 per person, with income limits reducing rebates by 5% for joint filers earning more than $150,000, heads of household over $112,500, and individuals over $75,000.
- Implementation depends on legislation and legal outcomes, such as the divided U.S. Congress approval and the Supreme Court's November review of tariffs that could force refunds of $30 billion.
- Trump frames the plan as both debt repayment and a rebate, saying tariff funds will primarily reduce the $37 trillion national debt, with levies recently targeting steel, aluminum, copper, and pharmaceuticals.
Insights by Ground AI
Podcasts & Opinions
29 Articles
29 Articles
Trump Floats Handing Out $2,000 Tariff ‘Rebates’ To All Americans
by Melissa O'Rourke at CDN - President Donald Trump said Thursday he is still considering issuing Americans rebates of up to $2,000 using revenue generated from tariffs on imported goods. Since taking office, the Trump administration has levied sweeping “Liberation Day” tariffs on foreign imports, as well as separate levies on key industries, including steel, aluminum, copper, and, most recently, pharmaceuticals. … Click to read the rest HERE-> …
Trump stimulus check: what to know about his tariffs-funded pitch
·Washington, United States
Read Full Article
Coverage Details
Total News Sources29
Leaning Left3Leaning Right7Center13Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
13%
C 57%
R 30%
Factuality
To view factuality data please Upgrade to Premium
