Overview
- President Trump said on Truth Social that most Americans will receive at least $2,000 from tariff revenues, excluding high‑income people.
- Treasury Secretary Scott Bessent said he had not discussed the plan with the president and suggested any “dividend” could come through tax measures such as no tax on tips or overtime.
- The Supreme Court recently heard arguments on the administration’s sweeping tariffs and several justices voiced skepticism about the president’s authority to impose them.
- Available revenue estimates fall short of the cost of broad $2,000 payments, with Treasury citing $195 billion collected through Sept. 30 and CRFB estimating about $151 billion from April to October, while analysts peg potential costs near $300 billion for 150 million adults.
- The White House has offered no details on timing, eligibility, or delivery, and experts note any payout would likely require legislation, with prior proposals such as Sen. Josh Hawley’s $600 rebate bill yet to advance.