WATCH: White House exploring options for $2,000 tariff rebate checks

Spread the love

The White House is exploring all of its options for sending Americans $2,000 tariff rebate checks, even as the U.S. Supreme Court considers a legal challenge to the president’s use of tariffs.

“The White House is committed to making that happen,” press secretary Karoline Leavitt said Wednesday. “We are currently exploring all legal options to get that done.”

However, Leavitt said she didn’t have a timeline for mailing the checks, something that would likely require congressional approval.

“The president made it clear that he wants to make it happen, so his team of economic advisers is looking into it,” Leavitt said. “When we have an update, we’ll provide one.”

Earlier on Wednesday, Treasury Secretary Scott Bessent told “Fox & Friends” the checks could be subject to an income cap.

“Well, there are a lot of options here that the president’s talking about a $2,000 rebate and those – that would be for families making less than, say, $100,000,” Bessent said.

During the same interview, Bessent said that no decision has been made regarding income caps.

This comes after Bessent told ABC’s “This Week” that the tariff rebate “could come in lots of forms.”

“You know, it could be just the tax decreases that we are seeing on the president’s agenda,” he said. “You know, no tax on tips, no tax on overtime, no tax on Social Security, deductibility of auto loans. So, you know, those are substantial deductions.”

Trump brought up the tariff rebate idea over the weekend and again on Monday.

“All money left over from the $2,000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT,” Trump wrote in a social media post.

Trump provided no details, but at least one group has already worked up an estimate.

The Committee for a Responsible Federal Budget said the math doesn’t work for Trump’s proposal, according to its analysis. The group said that if the payments were structured like the COVID-19 stimulus payments, the $2,000 dividend would cost about $600 billion, which is about twice as much as tariffs are expected to generate this year.

“Current tariffs have raised about $100 billion so far, and will raise about $300 billion per year in the steady state,” CRFB noted. “If paid annually, dividends would be twice as expensive as tariffs.”

CRFB also said the nation’s $38 trillion in debt must be addressed.

“Under no circumstances is the government doing enough to pay down debt, despite the claims to the contrary,” it noted.

Erica York, vice president of Federal Tax Policy at the Tax Foundation, said the proposed rebate checks would add to the nation’s debt.

“The U.S. has not actually taken care of its deficit problem, and sending out $2,000 checks to millions of Americans would make the deficit problem worse,” she wrote on X.

She also noted that Trump’s estimates of how much money tariffs will generate have varied wildly.

“Someone asked me today where the President is getting his various ‘tariff income’ numbers: $2 trillion, $3 trillion, $8 trillion, $17 trillion, and $19 trillion have all been used recently,” she wrote on X. “I honestly have no earthly idea.”

Trump’s rebate idea comes as he seeks to convince voters that he has made things more affordable for working Americans.

Trump’s Liberation Day tariffs have been challenged in federal courts as unconstitutional by some business groups and Blue states, who argue that only Congress has the authority to enact tariffs. Last Wednesday, Supreme Court justices questioned attorneys on both sides of a case challenging Trump’s tariff authority.

Twelve states, five small businesses and two Illinois-based toymakers have challenged Trump’s authority to impose tariffs under a 1977 law without Congressional approval. That law, the International Emergency Economic Powers Act, doesn’t mention the word “tariff” and has never been used to impose tariffs. Trump’s legal team argues that the law is a clear delegation of emergency power, granting the president broad authority to act in times of crisis.

The Supreme Court is expected to decide the case before the end of June, if not sooner.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families and pay down the national debt. Economists, businesses and some public companies have warned that tariffs will raise prices on a wide range of consumer products.

A Congressional Budget Office report from August estimated tariffs could bring in $4 trillion over the next decade. That CBO report came with caveats and noted that tariffs will raise consumer prices and reduce the purchasing power of U.S. families.

Earlier in his second administration, Trump and former adviser Elon Musk floated the idea of returning money to taxpayers through the Department of Government Efficiency. Musk’s DOGE initially expected to find $2 trillion in savings by cutting waste fraud and abuse. However, Musk has since left the White House and DOGE was on track to save about $150 billion as of an April cabinet meeting. Those checks never materialized.

Events

No events

Leave a Comment





Latest News Stories

WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 21st, 2025

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares comments from...
Planning & Zoning Graphic.3

Will County P&Z: Washington Township Lot Variance Granted

A variance to reduce the minimum lot area from 10 acres to 5 acres was unanimously approved for a property at 1444 E. Corning Road in Washington Township. The owner,...
solar panels photovoltaics in solar farm

Will County P&Z Approves Crete Solar Farm, Overruling Township’s General Opposition

Article Summary: The Will County Planning and Zoning Commission recommended approval for a new commercial solar farm in Crete Township, moving the project forward despite being informed by staff of...
P&Z 8.19.25

Will County Board Approves Controversial Recovery Retreat in Crete Township Amid Strong Resident Opposition

Article Summary: The Will County Planning and Zoning Commission approved a special use permit for a long-term residential recovery program on a 68-acre horse farm, despite vocal opposition from Crete...

Will County P&Z: Green Garden Township Variances Granted in Monee

Roy F. Erikson received unanimous approval for two variances for his property at 26409 S. 80th Avenue in Monee. The Will County Planning and Zonning Commission approved reducing the minimum...

Will County P&Z: Manhattan Township Rezoning Approved

The Will County Planning and Zonning Commission unanimously approved a map amendment for a vacant property on South Kankakee Street in Manhattan Township. The request, brought by James and Julie...
Planning & Zoning Graphic.4

Will County P&Z: Green Garden Township Rezoning Approved Amid Concerns Over Lack of a Final Plan

Article Summary: The Will County Planning and Zoning Commission unanimously approved rezoning a large agricultural parcel in Green Garden Township for potential residential development, despite a township official expressing concern...
Two orange map markers on city map

Zoning Commission Overrules Staff, Approves Greeen Garden Twp Variance for 3-Acre Agricultural Lot

Article Summary: The Will County Planning and Zoning Commission approved a variance for a 3-acre lot in an agricultural zone, going against a staff recommendation to deny the request in...
Texas House passes Congressional redistricting bill after absconding Dems return

Texas House passes Congressional redistricting bill after absconding Dems return

By Bethany BlankleyThe Center Square After House Democrats absconded for more than two weeks in opposition to a Congressional redistricting bill, the Texas House on Wednesday passed the bill by...

Department of Education ends support for political activism

By Esther WickhamThe Center Square The U.S. Department of Education announced this week it is ending taxpayer-funded programs that supported political activism jobs on college campuses. The Department of Education...
Illinois trucker warns foreign firms faking logs, dodging rules, risking safety

Illinois trucker warns foreign firms faking logs, dodging rules, risking safety

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – After a recent deadly crash in Florida and a crash in Illinois involving semi-trucks, an Illinois...
Illinois law mandates pharmacies to sell needles, sparking safety debate

Illinois law mandates pharmacies to sell needles, sparking safety debate

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Illinois Governor has signed House Bill 2589, which requires pharmacists to sell sterile hypodermic needles...
Report warns U.S. national debt predicted to pass $53 trillion by 2035

Report warns U.S. national debt predicted to pass $53 trillion by 2035

By Thérèse BoudreauxThe Center Square By fiscal year 2035, the national debt is set to surpass $53 trillion, or 120% of the nation’s Gross Domestic Product, according to a new...
Courts remain firm against unsealing grand jury records from Epstein trial

Courts remain firm against unsealing grand jury records from Epstein trial

By Thérèse BoudreauxThe Center Square A second federal judge has denied the Trump administration’s request to unseal grand jury material from convicted sex offender Jeffrey Epstein’s 2019 trial. New York-based...
White House TikTok garners 1.3 million views in 24 hours

White House TikTok garners 1.3 million views in 24 hours

By Morgan SweeneyThe Center Square Within 24 hours of its debut, the first video posted to the new White House TikTok account has racked up more than 1.3 million views....