Trump floats $2,000 tariff rebate checks. What you need to know
- On Nov. 9, President Donald Trump proposed issuing about $2,000 tariff dividends to middle-income people and lower-income people, reiterating the plan while taking press questions.
- Trump argues tariffs protect U.S. industry and raise money for the federal government, and he says remaining tariff receipts will soon lower the $37 Trillion federal debt.
- Tax Foundation analysis finds the proposed $2,000 dividend would cost nearly $300 billion, with Treasury data showing $195 billion in customs duties for fiscal 2025.
- Kevin Hassett said tariff revenue could cover the $2,000 checks but disbursing them would require legislation, and White House Press Secretary Karoline Leavitt said Congressional approval is needed.
- Tariffs will increase U.S. households' burden by an estimated $1,600 in 2026, while CRFB projects $2,000 dividends would push debt to 134% of GDP, according to the Tax Foundation.
274 Articles
274 Articles
Bessent says Trump’s $2,000 checks would need congressional vote
Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to U.S. citizens would require congressional approval. “We will see,” Bessent said on Fox News’ "Sunday Morning Futures." “We need legislation for that.” Trump,…
President Donald Trump Wants to Give Low- and Middle-Income Americans a $2,000 Tariff Stimulus Check -- but It Would Come With Unintended Consequences
President Trump's informal proposal to redirect tariff revenue into payouts for American taxpayers would provide short-term benefits but pave the way for numerous long-term problems.
Here's when Trump expects $2,000 tariff dividend checks to be sent if plan moves forward
Trump announced on Friday that the checks would not be distributed before the holidays.
Fact-Checking Trump's Promise to Give Americans $2,000 Tariff Dividend Checks
President Donald Trump is promising a $2,000 tariff dividend. Budget experts scoff at the idea, which conjured memories of the Trump administration's short-lived plan for DOGE dividend checks paid for by billionaire Elon Musk's federal budget cuts. The post Fact-Checking Trump’s Promise to Give Americans $2,000 Tariff Dividend Checks appeared first on Mississippi Free Press.
Trump Plans $2,000 Payments for Middle & Lower Income Americans, Remaining Tariff Funds to Cut Debt
We’re getting some additional details about President Donald Trump’s unique plan to distribute payments to millions of Americans from the massive revenue being generated from his tariff policies. He’d referenced the possibility of sending out $2,000 checks to lower- and middle-income Americans in the past, but offered more context during remarks at the White House this week. Here’s a relevant clip: Trouble watching that video? Try this backup: …
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