Trump’s $2,000 dividend pitch was designed to sound simple: tariffs make America rich, and that “found money” is mailed back to working families. But the math and the law tell a different story. The tariffs have brought in under $200 billion so far, well short of what’s needed, and much of that revenue is now tangled in court.

With the Supreme Court openly skeptical of his use of emergency powers to levy tariffs, a ruling against Trump could erase a key pillar of his plan and even force refunds instead of rebates.

On top of that, Congress still has to sign off, and there’s no agreement on who qualifies, how the money would be delivered, or whether it would be checks, tax credits, or something else entirely. Trump insists high earners will be cut out and vows he’ll “do something else” if the courts block him. For now, millions of Americans are left with a familiar feeling: a headline-grabbing promise, and nothing concrete they can take to the bank.