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

Existing home sales up 1.2% in October

Existing home sales up 1.2% in October

By Brett RowlandThe Center Square Sales of existing homes climbed 1.2% in October, according to a report released Thursday by the National Association of Realtors. The 1.2% increase in existing-home...
Chip Roy calls for full pause on all U.S. immigration

Chip Roy calls for full pause on all U.S. immigration

By Andrew RiceThe Center Square U.S. Rep. Chip Roy, R-Texas, is proposing a freeze to legal immigration admissions and visa issuances until the federal government addresses changes to the immigration...
Prosecutors defend indictment in Comey case after defense questions

Prosecutors defend indictment in Comey case after defense questions

By Brett RowlandThe Center Square Prosecutors defended how they presented the criminal case against former FBI boss James Comey to a grand jury after defense attorneys said the indictment failed...
IL Rep on congressmen trading: 'We're not going to take a pile of money to hell'

IL Rep on congressmen trading: ‘We’re not going to take a pile of money to hell’

By Jim TalamontiThe Center Square An Illinois congresswoman says the public is right to be alarmed about elected officials enriching themselves through insider trading. The U.S. House Administration Committee held...
House axes provision letting senators sue over data surveillance

House axes provision letting senators sue over data surveillance

By Thérèse BoudreauxThe Center Square The U.S. House has repealed a section in the recently-passed government funding bill that would have allowed individual senators to sue the federal government for...
DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

By Tate MillerThe Center Square An education organization is applauding the U.S. Department of Education’s six new agency partnerships announced this week, stating that parents will have more control over...
Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

By Jim Talamonti | The Center SquareThe Center Square Officer shot report numbers down The National Fraternal Order of Police reports, through Oct. 31, 285 police officers have been shot...
WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

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 highlights from...
Farm Bureau says Thanksgiving prices down, but not enough

Farm Bureau says Thanksgiving prices down, but not enough

By Brett RowlandThe Center Square The cost of a Thanksgiving meal is down 5% this year, but Americans still feel strained by high food prices, according to the American Farm...
GE Appliances announces $150 million partnerships

GE Appliances announces $150 million partnerships

By Andrew RiceThe Center Square GE Appliances announced Thursday it is investing more than $150 million into contracts for suppliers in the United States, contributing toward a new laundry manufacturing...
Screenshot 2025-11-19 at 9.30.06 AM

Frankfort, Will County Partner on Wildlife Rabies Control

Will County Board Executive Committee Meeting | November 13, 2025 Article Summary: The Will County Board Executive Committee recommended approval of an intergovernmental agreement on Thursday, November 13, 2025, that allows...
Screenshot 2025-11-19 at 9.30.44 AM

Executive Committee Approves Appointments for Washington Township, Emergency Telephone Boards

Will County Board Executive Committee Meeting | November 13, 2025 Article Summary: The Will County Board Executive Committee on Thursday, November 13, 2025, recommended the approval of two key appointments, filling...
Trump signs bill to release Epstein files

Trump signs bill to release Epstein files

By Brett RowlandThe Center Square President Donald Trump signed a bill late Wednesday to release federal files related to former financier and convicted sex offender Jeffrey Epstein. After fighting the...
WATCH: Dysolve AI offers approach to dyslexia in schools

WATCH: Dysolve AI offers approach to dyslexia in schools

By Esther WickhamThe Center Square While education leaders search for breakthroughs in special education, one AI platform, Dysolve, claims it has found part of the answer. Dysolve AI, created by...
Pregnancy centers ‘crucial’ to national safety net, provide over $452M to families in 2024

Pregnancy centers ‘crucial’ to national safety net, provide over $452M to families in 2024

By Tate MillerThe Center Square Pregnancy centers in 2024 provided over $452 million in goods and services to women and families across the nation, while its client satisfaction rate rose...