President Donald Trump said on Truth Social that any money remaining after sending $2,000 payments to low- and middle-income Americans using tariff revenues would be used to pay down the national debt, according to Truth Social.
In the post, Trump said the direct payments would come via what he described as “massive Tariff Income” and that leftover funds would “substantially” reduce federal debt.
The statement indicates that the government plans to characterize the tariff money as a dividend to households while promising to keep spending low. It also leaves many operational questions unanswered, such as whether Congress would be asked to authorize the payments or debt application, how payments would be calculated for households near any income cutoff and how often any dividends would be issued.
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