Summary
President Donald Trump mentioned that $2,000 payments could be sent to Americans by the middle of next year. These payments would come from money made through tariffs, but the plan is not yet concrete. The proposal needs approval from Congress, and some experts doubt the funds from tariffs would be enough.
Key Facts
- President Trump suggested $2,000 payments for Americans might come next year from tariff revenue.
- The checks would go to lower- and middle-income Americans, but income thresholds are not clearly defined.
- The plan requires congressional approval to proceed.
- Experts question if tariff revenue, reported at $195 billion by 2025, is sufficient to cover the checks.
- Some officials suggest the payments might take various forms, not necessarily just a one-time check.
- Kevin Hassett believes there is enough tariff revenue to fund the proposal.
- Republican Representative Ryan Zinke expressed doubts, noting the national debt concerns.
