Trump proposes $2,000 tariff funded dividend payout plan for Americans

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President Donald Trump said his administration will send low- and middle-income Americans $2,000 dividends using revenue generated from his tariffs, but can the government afford it? Trump's tariffs are projected to raise $300 billion per year, according to the nonpartisan Committee for a Responsible Federal Budget, which estimates Trump's promise to pay Americans dividends would cost about $600 billion. This means it would take two years per $2,000 payment, starting in 2027. If the Supreme Court agrees with lower court rulings that the majority of Trump's tariffs are unconstitutional, it would take closer to seven years to pay $2,000 dividends using the remaining tariffs not affected by this decision, according to the committee. On Sunday, Treasury Secretary Scott Bessent cast doubt on the idea that Americans would receive checks, saying the dividend "could come in lots of forms." _______________ Follow WLOS on social media: WLOS ABC 13 News on Facebook: https://www.facebook.com/News13/ WLOS ABC 13 News on X: https://x.com/WLOS_13 WLOS ABC 13 News on Instagram: https://instagram.com/wlos_13 Subscribe to WLOS on YouTube: https://www.youtube.com/user/ABC13Channel/?sub_confirmation=1 For all of the day’s top local and national news, visit www.wlos.com Stream our newscasts LIVE: www.wlos.com/watch Have a news tip? Send it directly to us: Email us: [email protected] Call the Newsroom: 828.684.1340 -- WLOS ABC 13 News serves the Asheville, NC area and the rest of western North Carolina and Upstate South Carolina. We keep our audience informed through local news, weather forecasts, traffic updates, notices of community events, sports and entertainment programming since 1954. This video and all Sinclair Broadcast Group content archives of local news and sports coverage are available for your use. For more information contact us at [email protected]