On Sunday, President Donald Trump announced that his administration was exploring the option of giving a $2,000 check to each American in response to the record increase in tariff revenues.
People who are against tariffs are FOOLS!” “We are the richest, most respected country in the world, with almost no inflation, and a record stock market price,” posted the president on Truth Social.
The 401k is the highest ever. Trillions are being taken in and we will be paying off our huge debt of $37 Trillion soon. “Record Investments in USA. Plants and factories are being built everywhere,” said Mr. He. He continued: “A minimum of $2000 per person will be paid to everyone (excluding high-income people!) Everyone will receive a dividend of at least $2000 per person (excluding high income people!)
The U.S. Tariff Revenue for Fiscal Year 2025 ended September 30. This represents a 250 percent rise from the prior year.
The tariffs that President Trump imposed on dozens of countries, including China, led to the largest annual revenue collection in history. These tariffs were implemented by executive authorities such as International Emergency Economic Powers Act. The Supreme Court, however is weighing a case that may limit the President’s power to levy duties.
The monthly revenue has risen from $7 billion to $30 billion since January.
Scott Bessent, U.S. Treasury secretary in an interview on August 26, predicted that the tariff revenues could increase to $300 billion per year as more deals were finalized. We saw a significant jump in July and August. I believe we will see an even bigger increase from August to Septembre. “I think that we’re going to be well above half a billion, and maybe even towards a number of a trillion dollars,” stated about the fiscal year.
This could also not have been done without Congress. Direct payments to citizens are federal expenditures that require legislative approval and appropriation, under the US Constitution’s Appropriations clause, which prevents the executive branch unilaterally distributing tariff revenue. These revenues are deposited in the Treasury General, which means that rebates and dividends can be paid without specific legislation, just as stimulus checks were required to pass despite declarations of emergency.
