Are people in the US getting a tariff bonus
Asked 17 hours ago
Answer
President Trump has proposed $2,000 rebate or dividend checks funded by tariff revenue for Americans, but these payments are not currently being distributed. The plan requires new legislation and faces legal and political hurdles, making immediate payments unlikely. The administration remains committed to using tariff revenue for public benefit, but experts warn such direct payments could increase inflation and national debt if enacted.
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Trump proposes tariff rebate checks amid Democratic election victories
CBS America ยท Recent
CBS America
Recent
- President Trump proposed issuing $2,000 rebate checks to Americans using tariff revenue. 9s
- The plan would also use remaining tariff funds to lower national debt, which Trump described as a national security issue. 19s
- Congress must pass new legislation to authorize the checks, but lawmakers are currently focused on reopening the government. 1m 12s
- A Supreme Court ruling against the tariff policy could require the U.S. to return collected funds, complicating the rebate plan. 1m 49s
- Trump expressed optimism about reopening the government and supported measures excluding healthcare subsidy extensions but reinstating fired federal workers. 2m 31s
