Summary
The American Worker Rebate Act, proposed by Senator Josh Hawley, aims to give $600 rebate checks to Americans from tariff revenues under President Trump's new tariff policy. Six months into its proposal, the bill has not gained significant support or progress in Congress.
Key Facts
- Senator Josh Hawley proposed the American Worker Rebate Act to provide $600 checks to Americans.
- The proposal ties these checks to funds raised from tariffs introduced under President Trump's policy.
- The bill has not gained any co-sponsors in Congress after six months.
- In June, Hawley's office reported $30 billion in monthly tariff revenue, with expectations of over $150 billion in 2025.
- The rebate includes $600 per adult and dependent child, potentially giving $2,400 to a family of four.
- Some experts argue about the feasibility of using tariff funds for rebates, considering the ongoing debate on their legality.
- There is disagreement in Congress on whether to use tariff revenues for rebates or to reduce the national deficit.