{"id":284619,"date":"2025-11-11T09:00:08","date_gmt":"2025-11-11T14:00:08","guid":{"rendered":"https:\/\/futbolete.com\/us\/?p=284619"},"modified":"2025-11-11T09:00:38","modified_gmt":"2025-11-11T14:00:38","slug":"scott-bessent-2000-dollars-stimulus-checks-trump","status":"publish","type":"post","link":"https:\/\/futbolete.com\/us\/scott-bessent-2000-dollars-stimulus-checks-trump\/","title":{"rendered":"Scott Bessent Explained the New $2,000 Stimulus Check Proposal"},"content":{"rendered":"

U.S. Treasury Secretary Scott Bessent<\/strong> provided an update on former President Donald Trump’s proposal<\/strong> to distribute $2,000 stimulus checks<\/strong> funded by revenues from tariffs implemented during his administration. The statement came during a television interview discussing potential mechanisms for implementing the initiative.<\/p>\n

Bessent indicated that the revenue<\/strong> generated by the trade tariffs<\/strong> could reach taxpayers through various means, without confirming a specific plan or timeline for direct payments.<\/p>\n

From DOGE to Cash: Evolution Trump’s Stimulus Check Proposals<\/h2>\n

In his interview with ABC News, the Treasury Secretary acknowledged that he has not had recent discussions with Trump on the specific issue of stimulus checks<\/strong>. Instead, he emphasized that the economic benefit for citizens could materialize through the tax cuts already enacted in the legislation known as the One Big Beautiful Bill Act (OBBBA)<\/strong>.<\/p>\n

Bessent listed a series of tax relief measures that, in his opinion, constitute a form of financial relief for Americans. “It could simply be the tax cuts<\/strong> we’re seeing on the president’s agenda. You know, no tip tax, no overtime tax, no Social Security tax, the deductibility of auto loans<\/strong>,” Bessent stated in response to questions from host George Stephanopoulos. “So, you know, those are substantial deductions that, you know, are being funded in the tax bill.”<\/p>\n

$2,000 Stimulus Check: Funding Source’s Already Being Used<\/h2>\n

There have been few formal announcements from the administration regarding whether and how Trump’s stimulus checks will be distributed<\/strong>. This official silence has generated skepticism among some analysts and lawmakers, who recall the previous abandonment of a similar proposal involving dividends linked to the DOGE digital currency.<\/p>\n

The main concerns revolve around whether the costs of this new initiative would exceed actual tariff revenues<\/strong> and the legal uncertainty surrounding the tariffs themselves, whose ultimate fate is currently being deliberated by the U.S. Supreme Court.<\/p>\n

The Idea of the President: Stimulus Checks Again<\/h2>\n

Trump unveiled his idea for a tariff rebate in a series of posts on his platform, Truth Social<\/strong>. The former president staunchly defended the trade tariffs after significant questions about their legality were raised during a Supreme Court hearing the previous Wednesday.<\/p>\n

In his writings, Trump attacked critics of his trade policy and listed what he considers his administration’s economic achievements.<\/p>\n

The president called critics of the policy “fools” and claimed that the United States is “bringing in trillions of dollars” thanks to the tariffs, before declaring that a $2,000 dividend would be paid to every American except for “high-income earners.”<\/strong> The specific definition of what constitutes a high income in this context has not been detailed by the former president or his team.<\/p>\n

According to the latest monthly report published by the Treasury Department, the United States collected<\/strong> approximately $195 billion in tariffs during Fiscal Year 2025<\/strong>. Long-term projections vary significantly among different institutions. The Yale Budget Lab estimates that tariffs could generate around $2.5 trillion over a ten-year period, while the Congressional Budget Office predicts they could raise $3.3 trillion for the period 2025-2035.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. Treasury Secretary Scott Bessent provided an update on former President Donald Trump’s proposal to distribute $2,000 stimulus checks funded by revenues from tariffs implemented during his administration. The statement came during a television interview discussing potential mechanisms for implementing the initiative. Bessent indicated that the revenue generated by the trade tariffs could reach taxpayers […]<\/p>\n","protected":false},"author":4,"featured_media":284621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"hide","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_date":"1","post_date_format":"custom","post_date_format_custom":"d\/m\/Y H:i","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-715"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":"A new idea for stimulus checks just floated back: Americans could get billions of dollars in free-to-use payments"},"jnews_primary_category":[],"footnotes":""},"categories":[1],"tags":[49],"class_list":["post-284619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-stimulus-check"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/284619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/comments?post=284619"}],"version-history":[{"count":0,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/posts\/284619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media\/284621"}],"wp:attachment":[{"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/media?parent=284619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/categories?post=284619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futbolete.com\/us\/wp-json\/wp\/v2\/tags?post=284619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}