President Donald Trump Floats $2,000 Dividend From Tariff Revenue
President Trump proposes a $2,000 dividend funded by tariff revenue, but Treasury warns payments may be indirect; $195 billion collected so far, funding concerns remain.
- On Sunday, President Donald Trump solidified a plan to send at least $2,000 to most Americans using revenue from tariffs, as the administration says.
- The idea is not new, as the President previously floated $1,000 to $2,000 dividends, echoing Senator Josh Hawley 's $600 tariff rebate proposal for nearly all Americans and dependents.
- The Treasury Department reported collecting $195 billion in customs duties, but economists estimate payments could cost well over $300 billion, while Treasury Secretary Scott Bessent said the dividend might come in `lots of forms, in lots of ways`.
- Last week the Supreme Court heard a challenge that could require refunding collected tariff revenue, while Congress would likely need to pass legislation since past rebate proposals stalled in the Senate.
- Fiscal analysts note the plan's feasibility is uncertain given questions about tariff revenue and the nearly $300 billion cost of payments, as the President proposed, with the administration's funding sources in question.
12 Articles
12 Articles
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