Trump floats sending $1K or $2K tariff rebate checks to Americans

[mystery-ak]

Trump floats sending $1K or $2K tariff rebate checks to Americans

Trump said tariff revenues are just now starting to kick in and that he would be spending some of that revenue on paying down the federal debt. But he said other parts of the revenue could go to Americans.
By Misty Severi

Published: October 2, 2025 8:55pm

President Donald Trump on Thursday said his administration is considering using money it brings in through his tariff plan to send a rebate of roughly $1,000 to Americans.

The comment is the first time Trump gave a figure on potential rebates. The president previously expressed support for tariff rebate checks in July and Republican Missouri Sen. Josh Hawley introduced legislation that would send at least $600 to every American adult and child in a rebate that is similar to pandemic-era stimulus checks.

Trump told the OAN television network that tariff revenues are just now starting to kick in and that he would be spending some of that revenue on paying down the federal debt. But he said other parts of the revenue could go to Americans.

"We also might make a distribution to the people, almost like a dividend to the people of America," Trump said, per Reuters. "We've [been] thinking maybe $1,000 to $2,000. It'd be great."

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https://justthenews.com/government/white-house/trump-floats-sending-1k-or-2k-tariff-rebate-checks-americans

[rustynail]

Stimulus by Christmas?

[Kamaji]

A much better idea would be to pay down some of the national debt with that money.  That would do a lot more good for everyone than dishing out cash now. 

[DefiantMassRINO]

Nobody is serious about stopping deficit spending nor paying down the National Debt.  It will take a collapse or liquidity seizure in the US Treasury Bond markets for that to happen.

The Bond Markets will have to be the ones to impose fiscal austerity on the Federal Government.  Those inside the Federal Government are having too much fun spending other people's money to voluntarily stop.

When investors stop buying Treasury Bonds, which will increase interest rates, the Federal Government will have to cut spending ... or nationalize private bank accounts to steal people's savings.

[Wingnut]

A much better idea would be to pay down some of the national debt with that money.  That would do a lot more good for everyone than dishing out cash now.

Why?  The'll just blow the deficit up again with even more worthless spending and pandering to the gimedat's for votes.

I'll take my money now please.

[DCPatriot]

A much better idea would be to pay down some of the national debt with that money.  That would do a lot more good for everyone than dishing out cash now.

Basic ECON 101 says you're right @Kamaji

However, IMO, there's absolutely no difference between $36T and $38T of debt...despite the math, not mathin'!!

Have said for decades that at this point, it's all 'Monopoly' money.

[DefiantMassRINO]

People and nations will diversify away from the dollar into a basket of precious metals, global foreign currencies (Yuan, Yen, Australian Dollar, Canadian Dollar, British Pound, Euros, Swiss Francs), hard assets (real estate), and alternative investments, such as BitCoin.

Outside the US, demand for the dollar will decrease which will work to the advantage of US exports, if anyone buys them.

The largest dollar-denominated American export has been Federal Debt instruments.

[Smokin Joe]

A much better idea would be to pay down some of the national debt with that money.  That would do a lot more good for everyone than dishing out cash now.

I agree. 

[roamer_1]

Basic ECON 101 says you're right @Kamaji

However, IMO, there's absolutely no difference between $36T and $38T of debt...despite the math, not mathin'!!

Have said for decades that at this point, it's all 'Monopoly' money.

Whadderya talking about @DCPatriot ??

OF COURSE there is a difference between $36T and 38T 
It's such a huge amount of money that it doesn't compute in your head.

And by itself it ain't gonna fix a damn thing. But keep on doing that. 10 years from now you've made a hole in the debt - Add al the money freed up by that hole and throw that into the buy-down too. And as you go, the buy-down grows exponentially.

This is simple, knee-jerk David Ramsay shtick. It's how it works. Every time. For everybody:

Stop spending money and start knocking off your debts - little ones first, to make some room... and once you have the room,start banging on the big ones, one after another.

You're right. It's math. And it's always right.
Do the right thing.

[Kamaji]

Whadderya talking about @DCPatriot ??

OF COURSE there is a difference between $36T and 38T 
It's such a huge amount of money that it doesn't compute in your head.

And by itself it ain't gonna fix a damn thing. But keep on doing that. 10 years from now you've made a hole in the debt - Add al the money freed up by that hole and throw that into the buy-down too. And as you go, the buy-down grows exponentially.

This is simple, knee-jerk David Ramsay shtick. It's how it works. Every time. For everybody:

Stop spending money and start knocking off your debts - little ones first, to make some room... and once you have the room,start banging on the big ones, one after another.

You're right. It's math. And it's always right.
Do the right thing.

[berdie]

All true. But if you don't quit spending...it's all for naught.

[DefiantMassRINO]

The difference between $36T and $38T only becomes apparent when US Treasury Bond Rates rapidly increase because there are not enough buyers at Treasury auctions.

Around the time of 'Liberation Day', foreign nations instigated a buyers' strike for US Treasury Bonds, and it made Trump dial back some of his original tariffs.

Basic ECON 101 says you're right @Kamaji

However, IMO, there's absolutely no difference between $36T and $38T of debt...despite the math, not mathin'!!

Have said for decades that at this point, it's all 'Monopoly' money.