Is There Enough Tariff Revenue to Pay Everyone?
This is where optimism meets economic reality.
Budget analysts estimate that current tariffs may generate $200 to $300 billion annually. That sounds impressive — until you consider the cost of sending $2,000 checks.
The math problem:
- Sending $2,000 to every American, including children, would cost roughly $600 billion.
- Limiting payments to adults earning under $100,000 would still cost around $300 billion — nearly the entire annual tariff haul.
The Committee for a Responsible Federal Budget and economists at Yale’s Budget Lab both warn that the plan would likely increase the federal deficit, which already sits near $1.8 trillion.
And deficits matter — because they affect:
- Interest rates
- Mortgage affordability
- Student loan refinancing options
- And long-term retirement planning
While the stimulus checks sound great and would help tons of Americans jump start the year and their monthly income for a time. I wonder if it should only be for the parents not the children because an increase in tax deductions for children sounds better in the long run.
President Trump is the only President that has tried to keep his promise and I commend him for that. We have heard many politicians talk about helping people but we all know the Democratic party has never helped the people, they are in it for themselves. We can see that plain and clear PLUS they are separating the American people more and more!!