North Las Vegas, Nevada – May 15: An economic impact payment also referred to as a stimulus check issued by the United States Treasury with address and routing numbers removed is displayed on a black background on May 15, 2021 in North Las Vegas, Nevada.
Gabe Ginsberg/Getty Images
Over the weekend, President Donald Trump said he has plans to pay out $2,000 stimulus checks via dividends from tariff revenue and suggested that senate Republicans send money to Americans’ health savings accounts.
On Saturday, Trump wrote on social media that his tariff plan will benefit working-class people and those who oppose the tariffs are “FOOLS!”
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“We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price,” Trump said on Truth Social Saturday. “401k’s are Highest EVER.”
Several times this year, Trump has suggested using a portion of the government revenue generated from new tariffs to provide rebate checks to taxpayers within certain income brackets, similar to the stimulus payments issued during the pandemic.
In February, he also floated the idea of distributing $5,000 stimulus checks as a “DOGE dividend” during a summit in Miami. He described the plan as returning part of the 20% savings identified by Musk’s Department of Government Efficiency (DOGE) back to taxpayers. Since then, however, he has not released any additional details or confirmed whether “DOGE dividends” or tariff rebates will move forward.
Last month, California Rep. Ro Khanna also suggested $2,000 payments to Americans earning under $100,000, arguing that the move would balance the costs of some of Trump’s tariffs.
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Will Americans get stimulus payments? Here’s what needs to happen
Is there a fourth stimulus check coming in November?
There has been no indication that a fourth stimulus check will be issued as a result of cost-cutting measures.
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What needs to happen for Americans to get another stimulus check?
Any form of stimulus payment issued by the U.S. government would have to be approved by Congress.
Per NBC, Treasury Secretary Scott Bessent said Sunday that the president’s recommendation to Senate Republicans on health care was still being developed. He noted that any proposal would depend on ending the government shutdown, which is set to enter its 41st day on Monday. On Sunday night, senators reached an agreement that could potentially bring the shutdown to an end.
“We don’t have a formal proposal,” Bessent said. “We’re not proposing it to the Senate right now, no. The president is posting about it, but again, we have got to get the government reopened before we do this. We are not going to negotiate with the Democrats until they reopen the government. It’s very simple,” he said.
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What is DOGE?
The Department of Government Efficiency, officially the U.S. DOGE Service Temporary Organization, is an initiative created by Trump and led by former “special government employee” Elon Musk. DOGE’s mission was to reduce federal spending, streamline regulations, and modernize federal technology and software to enhance government efficiency and productivity.
Will there be a stimulus check in 2025?
For stimulus checks to be sent, it has to be introduced to legislation first. There are no current plans to do so.
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