URGENT UPDATE: President Donald Trump aims to issue $2,000 checks to Americans, contingent on Congress approval. In a recent appearance on CBS’s “Face the Nation,” Kevin Hassett, Director of the National Economic Council, revealed that Trump plans to propose this financial assistance funded by tariff revenue in the upcoming year.
Hassett emphasized that legislative approval is crucial for the proposal, which targets households earning less than $100,000. The plan, which Trump hinted at last month, aims to distribute funds through the tax code, potentially requiring new legislation.
“This dividend of at least $2,000 a person will be paid to everyone,” Trump stated on social media, generating buzz and anticipation among Americans looking for financial relief. With many still feeling the economic impacts of the pandemic, the announcement could provide much-needed support.
As the new year approaches, all eyes will be on Congress as lawmakers prepare to discuss and potentially vote on this significant proposal. The upcoming discussions will determine not only the fate of these checks but also the broader economic strategy moving forward.
Stay tuned for developments on this urgent matter as it unfolds in the coming weeks.
