Summary
President Donald Trump is working on a plan to send $2,000 checks to Americans using money from tariff revenue. The White House is still looking into how to make this happen, and details of the plan have not been finalized yet. Some experts worry about the plan's cost, estimating it could add significantly to the national deficit.
Key Facts
- President Trump aims to send $2,000 checks to American individuals.
- The plan would use money from tariff revenue, according to White House officials.
- Specific details about the plan have not been released.
- A White House official mentions that new tariffs have brought in $195 billion in revenue so far in 2025.
- President Trump says he wants the payments to help middle and lower-income individuals.
- Policy experts estimate the plan could cost $600 billion a year, potentially adding $6 trillion to the national deficit over 10 years.
- For the plan to move forward, it would need approval from Congress.
