Overview

• Trump told One America News he is considering sending $1,000 to $2,000 per person using proceeds from his 2025 tariff program and said paying down federal debt remains his top priority.
• Treasury data cited in reports show about $214.9 billion in tariff collections so far this year, with $31.3 billion in September and an official year‑end outlook of at least $300 billion.
• The Supreme Court has scheduled early November arguments on the administration’s authority to impose broad global tariffs, a ruling that could reshape or void the revenue stream.
• Treasury Secretary Scott Bessent warned in court filings that an adverse decision could force the government to refund roughly $750 billion to $1 trillion in collected and projected duties.
• Any checks would require legislation, as lawmakers weigh competing ideas including Sen. Josh Hawley’s $600 minimum rebate plan and Rep. Ro Khanna’s proposal for $2,000 payments to those earning under $100,000.