The conversation began on Nov. 9 after President Trump announced on Truth Social that most Americans — excluding high earners — would receive a $2,000 “dividend” funded by tariff revenue. He argued that strong markets, rising tariff income, and overall economic momentum made the plan possible.
Administration Signals Support — With Limits
A week later, on Nov. 16, Treasury Secretary Scott Bessent appeared on Fox News Sunday Morning Futures. He confirmed that the administration intends for the payments to reach working families. However, he stressed that Congress must authorize the spending before any checks, rebates, or tax credits can move forward.
“These payments could go out,” Bessent said, “but only with congressional authorization.”
He added that lawmakers would decide both the payout structure and eligibility rules.
A Costly and Complicated Proposal
This isn’t Trump’s first attempt to tie rebates to tariff revenue. Earlier this year, he said he was open to the idea but was prioritizing reducing the national debt. He later suggested additional savings might come from the Department of Government Efficiency (DOGE), which claims to have identified hundreds of billions in cuts.
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