Summary
President Donald Trump announced that military service members will receive a $1,776 "Warrior Dividend" payment. This payment is intended to thank military members and is linked to funds earned from tariffs imposed by the administration.
Key Facts
- Military members will get a $1,776 payment called "Warrior Dividend."
- This announcement was made by President Trump.
- The payment is a nod to the year 1776, the year the U.S. was founded.
- A total of 1,450,000 service members will receive this payment before Christmas.
- The money comes from a $200 billion tariff revenue collected this year.
- The total payout to service members will be about $2.5 billion.
- It's unclear how these funds will be used without approval from Congress.
