US EditionTrump likely to propose tariff check legislation in new year: Hassett
President Trump aims to propose $2,000 tariff-funded rebate checks to Congress in early 2026, targeting lower- and middle-income Americans amid improved economic conditions.
- On Sunday, Kevin Hassett, Director of the National Economic Council, said `I would expect that in the new year, the president will bring forth a proposal to Congress to make that happen`, referring to President Donald Trump's plan for $2,000 tariff-funded checks.
- The administration frames the checks as returning tariff revenue to lower- and middle-income Americans, citing recent months of nearly 4% growth and a big deficit reduction as rationale.
- Because all revenue goes to the Treasury, Congress must pass new legislation authorizing the Treasury Department to issue payments, and analysts say checks may be tax credits limited to households under $100,000.
- Multiple independent reports found tariff revenue for 2025 at $158.4 billion likely won't cover $2,000 checks, and economists warn the payout could raise inflation.
- With the Supreme Court weighing presidential tariff power, Hassett predicted, `We really expect the Supreme Court is going to find with us`, while U.S. Trade Representative Jamieson Greer leads exemption reviews.
9 Articles
9 Articles
Trump’s $2,000 ‘Tariff Dividend’ Plan Faces Major Hurdle Before Hitting Bank Accounts
Americans anticipating a $2,000 “dividend” check funded by President Trump’s aggressive tariff policies will likely see a formal proposal in the new year, but White House officials admit the cash payout isn’t a done deal just yet. Kevin Hassett, Director of the National Economic Council, appeared on Face the Nation on Sunday to manage expectations […] Trump’s $2,000 ‘Tariff Dividend’ Plan Faces Major Hurdle Before Hitting Bank Accounts
White House Economist Proposal Coming Soon on $2,000 Tariff Rebate Checks
A top White House economic official said that it appears more and more likely that the Trump administration will be sending out $2,000 tariff rebate checks and would be bringing a proposal to do so in 2026. “In the summer, I wasn’t so sure that there was space for a check like that, but now I’m pretty sure that there is,” Kevin Hassett, the head of the National Economic Council, told CBS’s “Face the Nation” on Dec. 21. He cited economic growth a…
Trump likely to propose tariff check legislation in new year: Hassett
National Economic Council Director Kevin Hassett said Sunday that President Trump will likely back legislation to send $2,000 tariff rebate checks to Americans in the new year. “I would expect that in the new year, the president will bring forth a proposal to Congress to make that happen,” Hassett told host Margaret Brennan on CBS...
Top White House economic adviser Kevin Hassett says $2,000 tariff checks for Americans will depend on Congress
Director of the National Economic Council Kevin Hassett said Sunday that President Trump's idea to give Americans $2,000 checks funded by tariff revenue will "depend on what happens with Congress."
Kevin Hassett, director of the White House National Economic Council, said on Sunday (December 21) that President Trump is likely to introduce legislation in the new year that would require Congress to support a $2,000 tariff dividend to Americans.
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