White House exploring options for $2,000 tariff rebate checks
The White House considers income caps and alternative tax measures for $2,000 tariff rebates while the Supreme Court reviews the president's tariff authority.
- Wednesday, the White House said it is exploring all legal options to send $2,000 tariff rebate checks, with Karoline Leavitt saying the president's advisers are studying mechanisms.
- Twelve states, five small businesses and two Illinois-based toymakers sued, challenging Trump's authority under the International Emergency Economic Powers Act, while the U.S. Supreme Court questioned attorneys last Wednesday.
- Policy advisers noted the rebate 'could be subject to an income cap for families making less than, say, $100,000,' and 'could come in lots of forms,' including tax decreases or deductions, with current tariffs raising about $100 billion, analysts say.
- Erica York, Tax Foundation vice president of Federal Tax Policy, and the Committee for a Responsible Federal Budget warn the $2,000 rebate plan could raise deficits by $6 trillion over ten years, while tariffs have raised about $100 billion so far.
- Previously, Trump floated the possibility of issuing a $2,000 dividend funded by tariff revenue, with DOGE's claimed savings dropping from a $2 trillion target to about $150 billion and $1,300 as of Nov. 11.
43 Articles
43 Articles
WH: Trump Wants to Make $2K Tariff Dividend Checks ‘Happen’
President Donald Trump definitely wants to use tariff revenue to send $2,000 checks to Americans, White House press secretary Karoline Leavitt said Wednesday. Trump has floated the possibility of issuing a $2,000 "dividend" to every American funded by the revenue from his sweeping tariff program. During the White House press briefing, Leavitt was asked whether the checks were a real possibility, considering Trump earlier this year suggested doin…
White House press secretary Karoline Leavitt confirmed Wednesday that President Donald Trump is committed to his plan to distribute a $2,000 dividend check to U.S. citizens, funded by revenue from tariffs. “The White House is committed to making this happen. We are currently exploring all the legal options to achieve this,” Leavitt said at a press conference. Although the official did not offer a specific timetable or details on the program’s im…
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