US EditionTrump $2,000 Tariff Checks Update: Here's the Latest on the President's Proposal
President Trump aims to distribute $2,000 checks using tariff revenue to millions, with costs estimated at $600 billion, pending Supreme Court review of tariff legality.
- Last month, President Donald Trump proposed a $2,000 dividend for low- and middle-income Americans funded by tariff revenue, saying payments will "probably" arrive in mid-2026.
- Treasury Secretary Scott Bessent pointed to sections of the Trade Expansion Act of 1962 and sections 122, 232, and 301 to justify tariff-based dividend plans.
- Budget analysts estimate a $2,000 dividend would cost about $600 billion, with tariff revenue projected at $200 billion–$300 billion annually, according to the Committee for a Responsible Federal Budget.
- The U.S. Supreme Court is considering whether the administration's tariff actions were lawful, and if struck down, may require refunds, with Sen. Ron Johnson warning, `'We can't afford it'`, reflecting resistance.
- Treasury Secretary Scott Bessent predicted the administration could still impose tariffs using Sections 301, 232 and 122 despite legal challenges, and President Donald Trump claimed tariff income may eventually eliminate income tax.
21 Articles
21 Articles
King5 News
Trump $2,000 tariff checks update: Here's the latest on the president's proposal
The president's proposal to send $2,000 checks to the American people comes as the Supreme Court mulls whether Trump's sweeping tariffs are even legal.
NEW: Trump Hints When Tariff Dividend Checks Will Hit Americans
During Tuesday’s Cabinet meeting, President Donald Trump laid out a vision for how his tariff policy will reshape government revenue and put money directly back into Americans’ pockets. He told reporters that the U.S. is now taking in “trillions of dollars” from tariffs and said a portion of that haul will be returned to citizens as dividend-style refund checks in 2026. “Next year is projected to be the largest tax refund season ever, and we’re …
The debate over the $2,000 stimulus check financed with tariff revenues rekindled this weekend, after the Republican senator for Wisconsin, Ron Johnson, warned that President Donald Trump’s proposal would be too expensive for the country in the current fiscal landscape. In an interview with Maria Bartiromo at Fox Business, Johnson was categorical in ensuring that the United States “can’t afford” the so-called tariff dividends that the administra…
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