Overview
- In a Truth Social post, President Trump said a payment of at least $2,000 per person would go to everyone except high‑income people.
- No timeline, eligibility thresholds, cost estimate, or distribution mechanism has been released by the White House.
- Treasury Secretary Scott Bessent said he has not discussed the proposal with the president and suggested any benefit could come through tax changes rather than direct checks.
- The Supreme Court heard arguments last week on the administration’s sweeping tariffs, with justices expressing skepticism after multiple lower‑court rulings against the emergency‑powers rationale.
- Treasury data show tariff receipts in 2025 total in the hundreds of billions (about $195 billion through September), contradicting claims of “trillions” and prompting questions about funding and potential refund liabilities if the tariffs are invalidated.