Overview
- Trump said on Truth Social that most Americans would receive “at least $2000 a person,” excluding high‑income people, with the money tied to tariff revenue.
- The Supreme Court recently heard arguments on the administration’s sweeping tariffs, and reporting from the session indicates justices sounded skeptical of the president’s authority.
- Treasury Secretary Scott Bessent said he had not discussed the plan with Trump and suggested any benefit could take alternative forms such as tax changes rather than direct checks.
- Official data show tariff collections around $195 billion through September, far below the multi‑trillion figures Trump cited, while economists note tariffs are largely paid by U.S. importers and passed on to consumers.
- Analysts say any broad payout would likely require congressional approval and could cost hundreds of billions, with one GOP bill on the table proposing far smaller $600 rebates.