""We're facing a deficit this year around $2 trillion," Sen. Ron Johnson of Wisconsin told reporters. "I think whatever revenue we get, from whatever source, ought to go to try and bring down those deficits.""
""I mean, everybody's got their own idea," Rep. Andy Biggs of Arizona told BI. "I would prefer we reduce the overall tax rate, and make that permanent.""
""You know, my focus would clearly be paying down the $38 trillion of the debt," Sen. Rick Scott of Florida told Business Insider. "But I have to see what he proposes.""
President Donald Trump proposes sending $2,000 tariff-funded checks to Americans in mid-2026. The plan requires an act of Congress to authorize and disburse the payments. Many Republicans on Capitol Hill are skeptical, preferring that tariff revenue be used to reduce the national debt and deficits. Senators Ron Johnson and Rick Scott emphasized using revenue to pay down a roughly $38 trillion debt and a $2 trillion annual deficit. Representatives such as Andy Biggs signaled preference for lowering overall tax rates instead. Trump previously floated related ideas, including DOGE Dividends and earlier mentions of tariff rebates during the first year of his second term.
Read at Business Insider
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