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

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

MH VB 8.5.25

Manhattan Awards $537,907 Contract for Hanover Estates Road Resurfacing

MANHATTAN – The Village of Manhattan has awarded a $537,907.85 contract to D. Construction, Inc. of Coal City for its Fiscal Year 2026 Motor Fuel Tax (MFT) resurfacing project, which...
WATCH: Illinois State Fair: Affordable fun backed by $140M in taxpayer funding

WATCH: Illinois State Fair: Affordable fun backed by $140M in taxpayer funding

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The 2025 Illinois State Fair is being praised for its affordability and accessibility to families across...
Op-Ed: State lawmakers gut Emmett Till Day bill, expose Illinois’ corruption problem

Op-Ed: State lawmakers gut Emmett Till Day bill, expose Illinois’ corruption problem

By LyLena D. Estabine | Illinois Policy InstituteThe Center Square July 25, 2025, would have marked Illinois’ first Emmett Till Day, a commemoration of the 14-year-old Chicagoan whose 1955 lynching...
Democratic PACs being investigated for bankrolling AWOL Texas House Democrats

Democratic PACs being investigated for bankrolling AWOL Texas House Democrats

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – Democratic political action committees are being investigated by state, and potentially federal, authorities over claims they...
Pritzker: Chicago mayor 'never once called' to oppose pension bill

Pritzker: Chicago mayor ‘never once called’ to oppose pension bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Chicago Mayor Brandon Johnson never called him to oppose a pension bill...
WATCH: Illinois In Focus Daily | Thursday Aug. 7th, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 7th, 2025

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 continues his coverage...
Illinois quick hits: Cook County declares flood disaster; opt-out forms promoted; State Fair begins

Illinois quick hits: Cook County declares flood disaster; opt-out forms promoted; State Fair begins

By Jim Talamonti | The Center SquareThe Center Square Cook County, Chicago declare flood disaster Chicago Mayor Brandon Johnson and Cook County Board President Toni Preckwinkle have issued respective disaster...
Screenshot 2025-08-06 at 8.05.52 PM

Manhattan to Enact Local 1% Grocery Tax, Replacing State Revenue Stream

MANHATTAN – The Village of Manhattan will implement a 1% local grocery tax beginning January 1, 2026, a move designed to preserve a crucial revenue stream after the State of...
Screenshot 2025-08-06 at 8.05.44 PM

Manhattan Hires New Full-Time Accountant Amid Village Growth

MANHATTAN – To manage an increasing workload driven by village growth, the Manhattan Village Board on Tuesday unanimously approved the hiring of Joseph Page as a new full-time accountant for...
WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – While Gov. J.B. Pritzker jokes on national TV that Illinois’ congressional maps were drawn by kindergartners, a...
Police Crime

Manhattan Police Report

Disclaimer: Charges against each defendant are merely an accusation, with all defendants presumed innocent unless proven guilty in a court of law. On July 31, 2025, at 1:49 P.M. officers...
Fire-Ambulance-Rescue-Logo

Indiana Woman Identified as Victim in Fatal Wilmington-Peotone Road Crash

The Will County Coroner’s Office has officially identified the woman killed in Tuesday’s fatal crash on Wilmington-Peotone Road as 70-year-old Judith L. Stirm of Delphi, Indiana. In a statement, Coroner...
Frankfort-Police-Rescue

Multiple Agencies Rescue Person in Mental Health Crisis from Frankfort Pond

A person experiencing a mental health crisis was safely rescued from a pond near 80th Avenue in Lakeview Estates on Wednesday after a coordinated response by multiple emergency agencies. Frankfort...
Green-Garden-Logo.WP

Green Garden Township Forges Ahead with New Town Hall Plan, Faces Budget and Neighbor Concerns

The Green Garden Township Board is advancing an ambitious plan to build a new, larger town hall and community center on a six-acre parcel south of its current location, a...
Meeting-7.28.25

IT Consultant Urges Green Garden Township to Adopt Modern Cybersecurity Measures

Green Garden Township’s digital infrastructure is vulnerable to cybercrime and requires an immediate overhaul, including adopting a modern, secure email system and multifactor authentication, an IT consultant told the board...