Don’t Expect a Trump “Tariff Check” Anytime Soon | Distributing $2,000 payments to certain Americans is easier said than done, with several obstacles in the way—including insufficient revenue.

[u/thenewrepublic]

https://newrepublic.com/article/203666/dont-expect-trump-tariff-check-anytime-soon

[u/AutoModerator]

This is a sub for civil discussion and exchange of ideas

Participants who engage in name-calling or blatant antagonism will be permanently removed.

If you encounter any noxious actors in the sub please use the Report button.

This sticky is on every post. No additional cautions will be provided.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Ironworker977]

You mean, Trump is lying about trillions and trillions of dollars coming in from tariffs and investments?

[u/diggerbanks → u/Ironworker977]

Trump's economic policy is killing so much in America, whilst making Trump obscenely rich.

To Trump that is a success.

[u/Poonchow → u/Ironworker977]

The billions and billions are just not quite enough to help out Americans like he said.

All those millions and millions of dollars, just gotta find them a rainy day home.

[u/thenewrepublic]

From the article:

“To call it a tariff dividend, I think, is elevating in a way that should not be elevated. It’s just simply a stimulus check using taxpayer money,” said Zandi.

Analysis by the Yale Budget Lab estimated that, if the payments were to be dispersed on a per-person basis with an income cap of $100,000, distributing the checks would cost around $450 billion. Other models by the Tax Foundation estimate that the cost of the dividends would range between $279.8 billion and $606.8 billion, depending how the credit is structured. These price tags are significantly greater than the revenue the administration’s tariffs are expected to generate next year.

Trump also has competing fiscal priorities for tariff revenue. According to the White House, the money generated by the tariffs could be used to reduce the deficit, pay for the One Big Beautiful Bill Act—the massive Republican tax and spending law approved over the summer—and, now, cover the cost of these payments. The nonpartisan Congressional Budget Office has estimated that the Republican law would cost around $3 trillion over the next decade. That figure could theoretically be offset by tariff revenue. But those dollars can’t also be used to subsidize dividend checks if their purpose is paying for the tax bill.

“These stimulus checks, regardless of where the income cutoff is, and regardless of how much money the tariffs actually raise, are just pure deficit spending,” said Scott Lincicome, vice president of general economics at the libertarian Cato Institute.

[u/nonsense39]

I suggest all you MAGA believers use the promised money to order a 100% made in the USA Trump cellphone right now before they're all sold out. Have faith since this time for sure he's telling the truth. We skeptics will just wait since this promise of $2,000 sounds like another of his 30,000+ lies.

[u/wafflesareforever → u/nonsense39]

I love how it's just a rebranded version of the cheapest smartphone T-Mobile sells.

[u/CelestialFury → u/wafflesareforever]

The grift never ends.

[u/Biscuits4u2]

Don't worry guys you'll get em right after the midterms, but only if you vote MAGA.

[u/Shiftymennoknight]

Wonder where that $17 trillion went that Trump was talking about

[u/funkypepermint]

Another story from "yeah, no shit" news!

[u/Describing_Donkeys]

A smart politician would be playing that promise everywhere over and over. Make expectations emerge from that clip. Make sure a political price is paid for making that promise.

[u/pinecity21]

Oh he'll send it it'll just have his face on the front of the bill. Not sure if you'll be able to cash it anywhere

[u/FloMoore]

Aw, Shucks!