Trump Proposes $2,000 Tariff-Funded Rebate Checks for Americans
US President Donald Trump has put forward a plan to send Americans 'rebate checks' funded by tariffs collected from importers. The proposal, which would require approval from Congress, suggests payments of at least $2,000 per person—excluding those with high incomes. However, legal and financial hurdles remain before any money could be distributed.
The idea involves using tariff revenue to fund direct payments, often described as 'dividend checks' or 'subsidy premiums'. Trump’s administration has indicated that the Treasury Department and the IRS would handle the distribution, but only if Congress approves the plan and the courts confirm its legality.
For the rebate checks to become reality, Congress must first give its approval, and the Supreme Court must uphold the tariffs’ legality. If implemented, the payments would be managed by the Treasury and IRS, but funding gaps and eligibility rules could limit how many Americans actually receive them.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Sleep Maxxing Trends and Tips: New Zealanders Seek Better Rest
- Over 1.7M in Baden-Württemberg at Poverty Risk, Emmendingen's Housing Crisis Urgent
- Life Expectancy Soars, But Youth Suicide and Substance Abuse Pose Concern
