The president also torched his tariff opponents as "fools."
The payments were offered days after Trump attended another Mar-a-Lago dinner party
Congressional approval would likely be required for plan to take effect, an idea Trump has floated before
Trump’s $2,000 tariff dividend plan faces legal hurdles, unclear funding; experts doubt tariff revenue will cover costs.
President Donald Trump said he is considering a $2,000 payment back to Americans for the tariff revenue. But such an idea would need Congress.
President Trump has pitched the idea of using tariff revenues for a $2,000 “dividend” payment. But there are big obstacles, including that Congress hasn’t approved it.
“The numbers just don’t check out,″ said Erica York, vice president of federal tax policy at the nonpartisan Tax Foundation.
President Donald Trump refloated the idea of tariff rebate checks over the weekend, but experts say such a plan is unlikely to become policy.