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

Illinois quick hits: Davis Gates selected to lead IFT; new veterans facilities in Quincy

Illinois quick hits: Davis Gates selected to lead IFT; new veterans facilities in Quincy

By Jim Talamonti | The Center SquareThe Center Square Davis Gates selected to lead IFT Chicago Teachers Union President Stacy Davis Gates is now also the president of the Illinois...
Everyday Economics: Economic expansions rarely die of old age

Everyday Economics: Economic expansions rarely die of old age

By Orphe DivounguyThe Center Square A partial government shutdown has paused many federal data releases, but two key reports on housing and inflation are still on deck. The Bureau of...
Poll: Vance, Trump Jr. early favorites to win GOP nod for next president

Poll: Vance, Trump Jr. early favorites to win GOP nod for next president

By Morgan SweeneyThe Center Square Vice President JD Vance is currently the strongest contender for the 2028 presidential election among Republican voters, according to a new poll. The Center Square...
D.C. leads thousands of 'No Kings' protests nationwide

D.C. leads thousands of ‘No Kings’ protests nationwide

By Sarah Roderick-FitchThe Center Square Thousands of people marched in Washington, D.C., on Saturday as part of the second “No Kings” Day, protesting President Donald Trump. Organizers of the event...
Experts weigh in on fight over Obamacare premium tax credit extension

Experts weigh in on fight over Obamacare premium tax credit extension

By Thérèse BoudreauxThe Center Square With the battle over extending pandemic-era Affordable Care Act subsidies raging in Congress, organizations across the political spectrum are highlighting the political pros and costly...
Republican support slipping ahead of midterm elections, poll shows

Republican support slipping ahead of midterm elections, poll shows

By Thérèse BoudreauxThe Center Square A new poll shows faint warning signs for Republicans ahead of the 2026 midterm election, with Independent voters currently favoring Democratic candidates by nine percentage...
Poll: Americans support Antifa terror designation

Poll: Americans support Antifa terror designation

By Sarah Roderick-FitchThe Center Square More American voters support President Donald Trump’s decision to designate Antifa a terror organization than those who don't, according to new polling. The Center Square...
Electronics retailer asks Supreme Court to quell tariff chaos

Electronics retailer asks Supreme Court to quell tariff chaos

By Brett RowlandThe Center Square A national electronics retailer asked the U.S. Supreme Court on Friday to quell the uncertainty around tariffs for businesses that must import products. Crutchfield, a...
Illinois lawmakers push Pritzker on federal school choice program

Illinois lawmakers push Pritzker on federal school choice program

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers urge Gov. J.B. Pritzker to join a new federal school scholarship tax credit program,...
Trump commutes former NY Rep. Santos' prison sentence

Trump commutes former NY Rep. Santos’ prison sentence

By Chris WadeThe Center Square President Donald Trump wielded his executive powers Friday to commute the prison sentence of former New York congressman George Santos, ordering his immediate release from...
Trump calls Zelenskyy meeting 'cordial'; urges Putin, Zelenskyy to make a 'deal'

Trump calls Zelenskyy meeting ‘cordial’; urges Putin, Zelenskyy to make a ‘deal’

By Sarah Roderick-FitchThe Center Square President Donald Trump hosted President Volodymyr Zelenskyy at the White House on Friday afternoon, in hopes of inching Ukraine and Russia closer to peace. Trump...
Second nationwide ‘No Kings Day’ protest to occur Saturday

Second nationwide ‘No Kings Day’ protest to occur Saturday

By Morgan SweeneyThe Center Square In thousands of locations across the country and even some across the world, millions are expected to gather in protest of what they see as...
Pritzker looking at how Illinois can cover looming SNAP funding lapse

Pritzker looking at how Illinois can cover looming SNAP funding lapse

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In less than two weeks, and with the upcoming holiday season, the ongoing federal government shutdown is...
Retired Navy captain disputes Pritzker’s military politicization claims

Retired Navy captain disputes Pritzker’s military politicization claims

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Former military leaders have lined up on both sides of the debate between President Donald Trump and...

WATCH: Few details on latest boat strike; two survivors in custody

By Brett RowlandThe Center Square President Donald Trump released few details Friday afternoon amid reports that two survivors of a suspected drug submarine strike near Venezuela were in U.S. custody....