Summary
President Donald Trump announced that U.S. military service members will receive checks called the "Warrior Dividend" worth $1,776 each. The payments, totaling $2.6 billion, aim to honor America's founding and will be distributed to eligible military members before Christmas.
Key Facts
- President Trump announced $1,776 "Warrior Dividend" checks for U.S. military members.
- The checks are meant to celebrate the nation's founding in 1776.
- The total cost of the payments is $2.6 billion.
- Money will be allocated as a one-time housing allowance supplement.
- Approximately 1.28 million active-duty troops and 174,000 reserve members will receive the checks.
- Funding comes from tariff revenues and a bill signed on July 4.
- The payments are for service members in pay grade O-6 and below.
