Summary
President Donald Trump believes his administration can issue $2,000 rebate checks funded by tariff revenue without needing approval from Congress. He mentioned that the payments aim to help lower- and middle-income Americans, although specific details about the plan are still unclear. The idea is under review, with legal and financial feasibility dependent on several factors, including a Supreme Court ruling on tariffs.
Key Facts
- President Trump suggests issuing $2,000 rebate checks using tariff revenue.
- Trump thinks Congress may not need to approve these payments.
- The rebate checks are meant for lower- and middle-income Americans.
- The details on timing, eligibility, and legal authority remain unspecified.
- The Supreme Court is reviewing the legality of current tariffs.
- The U.S. collected a significant amount in customs duties and tariffs recently.
- Kevin Hassett, a White House adviser, noted that Congress controls how federal money is spent.
- A survey found that 52% of registered voters support the tariff rebate idea.
