Could American taxpayers see rebate checks?
President Trump told reporters this week that his administration is exploring the idea of issuing rebate checks to American taxpayers: “We have so much money coming in from the tariffs,” Trump said.
“We’re thinking about a rebate. Because we have so much money coming in from tariffs. A little rebate for people of a certain income level might be very nice,” Trump said.
“The big thing we want to do is pay down debt,” he added.
Watch the clip below:
WATCH: @realDonaldTrump says "we have so much money" coming in from tariffs that he's thinking about giving some Americans "a little bit" of a rebate check. pic.twitter.com/SeJEQKHT7s
— Fox News (@FoxNews) July 25, 2025
Missouri Senator Josh Hawley shared the clip on X, saying, “I will introduce legislation in the Senate to send a rebate check to every working person in America.”
I will introduce legislation in the Senate to send a rebate check to every working person in America https://t.co/3s3ijAAuEL
— Josh Hawley (@HawleyMO) July 25, 2025
U.S. revenue from customs duties topped $100 billion this fiscal year for the first time, underscoring the impact of Trump’s higher tariffs aimed at reshaping global trade and boosting domestic manufacturing.
Treasury data shows customs duties hit a record $113 billion through the first nine months of the fiscal year. Treasury Secretary Scott Bessent said Tuesday the U.S. could take in as much as $2.8 trillion over the next decade.
