Director of the National Economic Council Kevin Hassett stated that President Trump’s proposal to provide Americans with $2,000 checks funded by tariff revenue will depend on Congress. Hassett expects the president to present the proposal to Congress in the new year, with Treasury Secretary Scott Bessent suggesting the checks would likely go to households earning less than $100,000. Hassett highlighted positive economic indicators making the checks more feasible, with funds potentially coming from tariff revenue. He also discussed potential adjustments to tariffs and expressed confidence in the Supreme Court ruling in favor of the administration’s authority to impose tariffs.
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