Trump Provides Update On Plan to Distribute $2,000 Tariff Rebate Checks

Congress would need to draft and pass legislation to appropriate funding for the proposed stimulus checks, which independent tax policy group The Tax Foundation estimates would cost between $279.8 billion and $606.8 billion.

The organization projects that Trump’s tariffs would generate about $207.5 billion in revenue in 2026, in addition to roughly $205 billion collected through October of this year, with additional revenue expected in the remaining months of 2025.

During his appearance on Face the Nation with Margaret Brennan, Hassett said funding for any rebate program could potentially come from sources beyond tariff revenue alone.

“It could come from from tariff revenue, but in the end, you

know, we get taxes, we get tariffs, we get revenue from lots of places, and then Congress decides how to spend those monies,” he said. “That’s an appropriation.”

Trump has reiterated that the $2,000 payments are still planned, saying they would likely be distributed to eligible Americans “probably in the middle of next year.”

“We’re going to be issuing dividends later on, some somewhere prior to, probably in the middle of next year, a little bit later than that. Thousands of dollars for individuals of moderate income, middle income,” the president said on Nov. 17, as reported by Axios.