By Van Bermudez

Copyright inquisitr

U.S. President Donald Trump considers distributing $2,000 rebate checks to American citizens.

On Thursday, Trump said the proposed amount would be funded by revenue from the new tariffs he imposed. The Supreme Court is set to hear evidence next month on whether Trump had the authority to impose the levies and tariffs.

“They’re just starting to kick in,” Trump said in an interview with One America News Network, “But ultimately, your tariffs are going to be over a trillion dollars a year.”
When asked what he would do with the money, Trump said he’d prioritize “paying down debt because people have allowed the debt to go crazy.”

Americans could receive $1,000–$2,000 payouts, President Trump tells @baldwin_daniel_ , citing record tariff revenues that he says could soon hit $1 trillion a year. He says the gains will reduce the nation’s debt burden and boost growth.
Subscribe to OAN LIVE for more news like… pic.twitter.com/s0ZgsWB382
— One America News (@OANN) October 3, 2025

President Donald Trump argued that the $37 trillion national debt is actually “very little, relatively speaking” because the government is taking in unprecedented sums of money from tariffs.
“With that being said, we’ll pay back debt, but we also might make a distribution to the people,” Trump confidently declared.

This isn’t the first time the president has brought up the idea. Previously, he shared his plan to distribute “a dividend to the people of America.”

“We’re thinking maybe $1,000 to $2,000 — it would be great,” Trump said.

Fox Business cited data from the Treasury Department, which stated that the federal government has amassed about $214.9 billion in revenues from tariffs.

Meanwhile, Treasury Secretary Scott Bessent previously said he expects the country to generate at least $300 billion in tariff revenue by the end of the year.

However, in August, the U.S. Court of Appeals for the Federal Circuit ruled that most of the president’s tariffs were not authorized under emergency powers — a decision that echoed two lower court rulings that found many of the levies on U.S. trading partners to be illegal.

Meanwhile, the Heritage Foundation’s chief economist EJ Antoni isn’t a fan of President Donald Trump’s proposed $2,000 dividends for taxpayers.

“While it’s always politically advantageous to hand out money to constituents, the fact is the federal government has no money to give at this point,” he told the New York Post. “When the annual deficit is over $1 trillion, the priority has to be getting that down, not giving the Treasury another outlay.”

Antoni added:

“The real ‘rebate’ for the American people will come in the form of less inflation from a reduced federal deficit. That’s how you solve the current cost of living crisis.”

During the COVID-19 pandemic, the federal government issued three rounds of stimulus checks to support Americans affected by widespread business closures and furloughs.

At the time, individuals making up to $75,000 received $1,200, and $2,400 to couples making up to $150,000 for the first payment issued in March 2020. It was followed by a second round of payments in December 2020, providing $600 to individuals and $1,200 to couples under those thresholds. The third round of payments was distributed in March 2021, providing $1,400 to individuals and $2,800 to couples.