Trump says $2,000 tariff rebate checks won't come before Christmas

Trump says $2,000 tariff rebate checks won’t come before Christmas

Spread the love

Americans won’t get a $2,000 rebate check from the federal government before Christmas.

President Donald Trump said Friday that the proposed checks will not be distributed before the end of the year. Trump made the comments aboard Air Force One on his way to Mar-a-Lago, the president’s club in Palm Beach. It’s his 14th trip to Palm Beach this year.

Trump has proposed sending $2,000 checks to most Americans, excluding high earners. Earlier this week, Treasury Secretary Scott Bessent said no decision had been made on income limits. On the same day, the White House said it was “exploring all of its options” for sending tariff rebate checks even as the Supreme Court considers a legal challenge to the president’s tariffs.

Congress would need to authorize rebate checks, similar to those distributed during the COVID-19 pandemic.

Trump has addressed the issue of rebate checks multiple times this week.

“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 earlier this week.

While Trump provided no details, early estimates suggest that the checks would cost more than the tariffs generate.

The Committee for a Responsible Federal Budget reported that if the payments were like the COVID-19 stimulus, the $2,000 dividend would cost about $600 billion – about twice what tariffs are expected to generate.

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.

Events

No events

Leave a Comment





Latest News Stories

Beecher Graphic.1

Beecher Approves Over $35,000 for Emergency Repairs to Well #5

Article Summary: The Beecher Village Board unanimously approved more than $35,000 in emergency repairs for Well #5 after a recent video inspection revealed significant corrosion, mineral buildup, and a failing...
Beecher Graphic.3

Beecher to Seek Legal Advice on Chronic Nuisance Property After Years of Complaints

Article Summary: The Beecher Village Board is exploring stronger legal options, including a possible circuit court injunction, to address a chronic nuisance property on Catalpa Street. A neighboring resident voiced...
Beecher Graphic.4

New Beecher Public Safety Facility Nears Completion Amidst Minor Setbacks

Article Summary: Beecher's new Public Safety Facility is nearing the final stages of completion, with the parking lot recently paved and striped, but the village is now addressing a potential...
Beecher Graphic.5

Beecher Pushes Forward with Downtown Enhancement Projects

Article Summary: The Village of Beecher is advancing several initiatives to support its downtown business district, including the installation of a new wayfinding sign, the creation of a formal application...
Meeting Briefs

Meeting Summary and Briefs: Village of Beecher Board of Trustees for June 9, 2025

The Beecher Village Board of Trustees took decisive action on critical infrastructure and grappled with a chronic public nuisance issue at its meeting on June 9. The board unanimously approved...
Will County Jail

Will County Jail Faces Major Staffing Crisis as 70 Employees Eligible to Retire by 2030

County officials warn of potential budget impact as adult detention facility grapples with unprecedented turnover Will County's adult detention facility is heading toward a staffing crisis that could significantly impact...
will county board.3

Will County Health Department Reports Sharp Decline in Overdose Deaths

2025 fatalities running 40% lower than previous year, officials attribute success to expanded Narcan distribution Will County is experiencing a significant reduction in overdose deaths, with 2025 fatalities running 40%...
will county board

Solar Project Extensions Approved as Industry Faces Permitting Delays

Three solar energy projects received 180-day extensions from Will County's Land Use & Development Committee Thursday as developers continue working through lengthy permitting processes with utility companies and other agencies....
will county board.3

Committee Approves Truck Terminal Despite Residential Concerns

A Monee Township truck terminal received approval from Will County's Land Use & Development Committee Thursday despite concerns about its proximity to residential areas. The committee voted 5-1 to approve...
will county board

Will County Health Department Faces Funding Uncertainty as Federal Grants Under Review

Multiple revenue sources threatened as department seeks legislative support for public health programs Will County Health Department officials are closely monitoring potential federal funding cuts that could impact multiple programs...

Will County Land Use Meeting Briefs

LAND USE ACTIONS Accessory Dwelling Unit Rules Modified: The committee recommended approval of text amendments allowing accessory dwelling units to exceed current building area limitations in certain circumstances. The changes...
will county board.2

Public Health and Safety Committee Meeting Briefs

Sunny Hill Nursing Home Tour Praised: Committee members who attended the May 9 tour of Sunny Hill Nursing Home praised the facility's condition and operations. Member Raquel Mitchell called it...
Medicaid-logo

Federal Reconciliation Bill Targets Medicaid, SNAP Programs

Will County Legislators Briefed on Potential Local Impacts Federal legislation making sweeping cuts to Medicaid and food assistance programs could significantly impact Will County residents and services, county legislators learned...
will county board.2

Will County Approves Modified $756 Million Transportation Plan Despite Terminology Debate

Will County's Public Works and Transportation Committee approved a five-year, $756 million transportation improvement plan on June 3, but not before a heated debate over whether to call it a...
will county board.3

Will County completes major projects while others move forward

Will County's facilities team has completed several major projects while advancing others throughout the county, officials reported during a Capital Improvements & IT Committee meeting Monday. The Old Courthouse Plaza...