Trump says $2,000 tariff rebate checks won’t come before Christmas

Spread the love

Americans won’t get a $2,000 rebate check from the federal government before Christmas.

President Donald Trump said Friday that the proposed checks will not be distributed before the end of the year. Trump made the comments aboard Air Force One on his way to Mar-a-Lago, the president’s club in Palm Beach. It’s his 14th trip to Palm Beach this year.

Trump has proposed sending $2,000 checks to most Americans, excluding high earners. Earlier this week, Treasury Secretary Scott Bessent said no decision had been made on income limits. On the same day, the White House said it was “exploring all of its options” for sending tariff rebate checks even as the Supreme Court considers a legal challenge to the president’s tariffs.

Congress would need to authorize rebate checks, similar to those distributed during the COVID-19 pandemic.

Trump has addressed the issue of rebate checks multiple times this week.

“All money left over from the $2,000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT,” Trump wrote in a social media post earlier this week.

While Trump provided no details, early estimates suggest that the checks would cost more than the tariffs generate.

The Committee for a Responsible Federal Budget reported that if the payments were like the COVID-19 stimulus, the $2,000 dividend would cost about $600 billion – about twice what tariffs are expected to generate.

A Congressional Budget Office report from August estimated tariffs could bring in $4 trillion over the next decade. That CBO report came with caveats and noted that tariffs will raise consumer prices and reduce the purchasing power of U.S. families.

Leave a Comment





Latest News Stories

Congressional Perks: House account spending jumped 21% in 2022

Congressional Perks: House account spending jumped 21% in 2022

By Arthur KaneThe Center Square Spending on U.S. House of Representatives office accounts increased by more than 85% over the past three decades but nearly half of that occurred since...
Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

By Orphe DivounguyThe Center Square The Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open Market Committee (FOMC) dissented...
Arizona looks to legal immigration with Trump's border security

Arizona looks to legal immigration with Trump’s border security

By Andrew RiceThe Center Square As President Trump approaches the one year mark in office, apprehensions at the southern border have dropped significantly. States along the southern border, including Texas,...
Casey illinois library.2.logo graphic

Casey Library Board Votes to Maintain $70 Non-Resident Fee

Casey Township Library Board of Trustees Meeting | October 2, 2025 Article Summary: The Casey Township Library Board of Trustees voted on Thursday to keep the annual fee for a...
Appeals court: IT firm can’t make insurer foot bill for $28M face scan deal

Appeals court: IT firm can’t make insurer foot bill for $28M face scan deal

By Scott Holland | Legal NewslineThe Center Square A state appeals panel has agreed an insurance company doesn’t need to contribute to a $28.5 million settlement that resolved a class...
Illinois soybean farmers face uncertainty amid MAHA push against seed oils

Illinois soybean farmers face uncertainty amid MAHA push against seed oils

By Catrina Barker | The Center Square contributorThe Center Square Illinois soybean farmers face a potential market shakeup if public sentiment, and eventually policy, turns against seed oils, experts warn....
Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

By Jim Talamonti | The Center SquareThe Center Square Pritzker to sign tax, toll increases to bail out transit Gov. J.B. Pritzker says he looks forward to signing public transit...
IL Senate approves Department of Corrections director despite fierce opposition

IL Senate approves Department of Corrections director despite fierce opposition

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Despite a myriad of ongoing issues at the Illinois Department of Corrections, state senators approved the nomination...
Report: PJM power grid electrification faces bumpy transition

Report: PJM power grid electrification faces bumpy transition

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – The nation’s power grid is entering a new era of soaring demand – the full extent...
Early morning vote advances Illinois’ 'Terminally Ill Patients Act,' sparks outcry

Early morning vote advances Illinois’ ‘Terminally Ill Patients Act,’ sparks outcry

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A controversial bill allowing terminally ill patients in Illinois to self-administer life-ending medication passed the legislature...
Indiana state police working with ICE at Illinois border to secure interstates

Indiana state police working with ICE at Illinois border to secure interstates

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – U.S. Immigration and Customs Enforcement officers continue to arrest hundreds of drivers on interstates who are...
WATCH: IL lawmakers pass consequential bills early Halloween

WATCH: IL lawmakers pass consequential bills early Halloween

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop powers through on...
Meeting Briefs

Meeting Summary and Briefs: Lake Land College Board of Trustees for September 2025

Lake Land College Board of Trustees Meeting | September, 2025 The Lake Land College Board of Trustees expressed strong confidence in President Dr. Jonathan "Josh" Bullock at its meeting on...
Casey Library.3

Volunteer Shortage Cancels Library’s Parade Entry; Full Slate of October Events Planned

Casey Township Library Board of Trustees Meeting | October 2, 2025 Article Summary: The Casey Township Library canceled its planned participation in the Homecoming Parade due to a lack of...
Mrs. Davis' First Grade class.1

Building Blocks of Literacy: First Graders Master Reading and Writing

In Mrs. Davis's first-grade classroom, students are busy building the foundational skills for a lifetime of learning. The young readers and writers have been focused on mastering phonics, specifically highlighting...