Congress Votes to Hand Over Another $800 Million to Ukraine War – But So Far Refuses to Vote for $2,000 Trump Tariff Rebate Checks for Working Americans
In November, White House Economic Advisor Kevin Hassett told reporters that there is enough money to pay for the $2000 Trump Tariff Checks to American families and still have money to go into the rest of the US budget!
This was BIG NEWS! Despite all of the negative doubters, President Trump’s tariff plan was a phenomenal success. And the Trump administration was ready to share that wealth with the hard-working American people.
But this needs the approval of Congress to move forward.
Peter Doocy later asked House Majority Leader Steve Scalise about the Trump tariff checks. Here was his response. It sounds like he is hesitant to give money back to the people who pay the taxes.
Steve Scalise: There’s a robust debate over what’s going to happen with the tariff revenue. One of the things Peter is getting an actual quantification of it, exactly how much money has come in from tariffs.
A lot of us don’t think it’s going to be long term because you see Trump reaching new trade agreements so that we have lower tariffs or ultimately zero tariffs is the goal because you got a fair trade with countries that never used to treat us fairly.
So many countries took advantage of us. President Trump finally has those countries treating us fairly.
So one point of a lot of discussion was to use that tariff revenue to reduce the deficit. I think everybody would agree, reducing the deficit lowers interest rates, it lowers inflation.
Taking all of that money that Washington borrows off the table and no longer borrowing hundreds of billions of dollars in this case would actually be good for the entire economy and put more money in the pockets of families who are struggling in terms of lower inflation and lower interest rates for people that want to go buy a home, buy a new home, first-time home buyers.
Scalise did not sound so enthusiastic about the possibility of Trump tariff checks going to the American people. Republican lawmakers were not so enthused about paying American workers their Trump tariff checks.