"On Wednesday, the White House said the US president is committed to the plan. United States President Donald Trump is committed to providing Americans with $2,000 cheques using money that has come into government coffers from Trump's tariffs. On Wednesday, White House press secretary Karoline Leavitt told reporters that Trump's staff is exploring how to go about making the plan a reality."
"The president proposed the idea on his Truth Social media platform on Sunday, five days after his Republican Party lost elections in Virginia, New Jersey and elsewhere largely because of voter discontent with his economic stewardship specifically, the high cost of living. A new AP-NORC poll finds that 67 percent of Americans disapprove of Trump's handling of the economy, while 33 percent approve."
"The tariffs are bringing in so much money, the president posted, that a dividend of at least $2000 a person (not including high income people!) will be paid to everyone.'' Trump has taken to his favorite policymaking forum, Truth Social, to make yet another guarantee that Americans are going to receive dividend [cheques] from the revenues collected by tariffs, Alex Jacquez, who served on the National Economic Council under former US President Joe Biden, said in a statement provided to Al Jazeera."
President Donald Trump is committed to providing Americans $2,000 cheques funded by tariff revenues. White House press secretary Karoline Leavitt said staff are exploring implementation. The proposal was posted on Truth Social days after Republican election losses tied to voter discontent over high living costs. An AP-NORC poll finds 67% disapprove of Trump's handling of the economy and 33% approve. The president claimed tariffs are generating large revenues sufficient for a dividend. Former National Economic Council official Alex Jacquez noted Trump's public claims differ from his lawyers' court arguments. Budget experts, including Erica York, say the numbers do not add up.
Read at www.aljazeera.com
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