"Congress is going to have to send those monies to those peoples, Hassett said, before shifting to tout the current economy. But the thing we can say is that since July we have had a lot of positive news about the economy. We've had a couple of quarters of almost 4% growth. We've got a big government surplus actually running for a few months in a row. The deficit relative to last year is down by $600 billion, Hassett said."
"So a new proposal for these it's not necessarily coming from existing tariff revenue? Oh, well, it could come from tariff revenue, Hassett said. But in the end, we get taxes, we get tariffs, we get revenue from lots of places, and then Congress decides how to spend those monies that's in appropriation. This would have to be money that's an appropriation."
President Trump has promoted $2,000 household checks tied to tariff revenue, with the Treasury secretary saying eligibility would target households under $100,000. The chief economic advisor said Congress must appropriate any funds for such payments and suggested the president may propose legislation in the new year. The advisor cited recent economic gains, including near-4% growth, several months of a government surplus, and a $600 billion year-over-year deficit reduction, as creating fiscal space. A separate $1,176 payment to service members was announced as tariff-funded but used previously allocated reconciliation funds for housing allowances.
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