Trump Says $2,000 Rebate Checks Will Come by 'Mid-2026'
Trump says $2,000 rebate checks funded by tariffs aim to support working families and reduce debt, but Congressional approval and legal challenges remain unresolved.
- On Monday afternoon, President Donald Trump doubled down in the Oval Office on a plan for $2,000 rebate checks funded by tariffs, saying Americans can expect them around mid-2026 and noting Congress must pass legislation.
- The administration points to tariff revenue as the funding source, with Trump saying `We have a lot of money from tariffs` and analysts estimating $200 billion to $300 billion annually, while federal receipts were $195 billion as of Sept. 30.
- A universal $2,000 payout would cost $600 billion, but Treasury Secretary Scott Bessent said the checks would be `for working families` with income limits.
- If the U.S. Supreme Court strikes down the tariffs, refunds to importers could void the payout, and several Republican senators including Republican Sen. Josh Hawley have rejected the tariff-rebate idea.
- Most conservatives prefer using tariff revenue to reduce the national debt, and as of right now, passage appears an extreme long shot despite President Donald Trump targeting moderate and middle-income families.
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Trump Promises Tariff Rebate Checks in 2026
“President Trump on Monday promised the government would pay out $2,000 tariff dividend checks starting around mid-2026,” Axios reports. “Putting a timetable on the checks is a significant step forward versus just suggesting the idea, which Trump has done multiple times this year.” “But the dividends would require legislation, Treasury Secretary Scott Bessent said last weekend, and it’s not clear if Congress has the appetite.”
Trump says $2,000 rebate checks will come by 'mid-2026'
The Republican president doubled down on his proposal on Monday, even setting a timeline for the $2,000 rebate checks.
U.S. President Donald Trump announced on Monday (November 17) that low- and middle-income Americans can expect to receive a $2,000 tariff dividend check in the second half of 2026. This tax refund plan requires congressional legislation to be implemented. At a press conference in the White House Oval Office, Trump stated that the government plans to issue tax refund checks to "low- and middle-income families," with distribution expected to begin…
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