Overview

• The American Worker Rebate Act, introduced by Sen. Josh Hawley in late July, remains under review in the Senate Finance Committee and has not advanced toward a vote.
• Under the proposal, rebate checks would start at $600 per individual and scale up to $2,400 for a family of four, with a 5% reduction for higher earners and a clause to boost payments if tariff receipts exceed projections.
• The White House reports about $100 billion in tariff revenue so far in 2025, and the Treasury projects annual collections could reach $300 billion.
• Key Republican senators, including Rand Paul and Ron Johnson, have publicly opposed routing tariff revenues into rebates, citing the country’s $37 trillion debt and potential inflationary effects.
• The IRS has confirmed that no new $1,390 or $2,000 stimulus checks will be issued this summer and that any tariff-funded rebates require explicit congressional approval.