Top White House economic adviser Kevin Hassett says $2,000 tariff checks for Americans will depend on Congress

    https://www.cbsnews.com/news/kevin-hassett-white-house-trump-tariff-checks-congress/

    Posted by Several_Print4633

    13 Comments

    1. gimmickypuppet on

      Oh, suddenly we need Congress? I thought everything was done by executive order under the new Supreme Court precedent of Unitary Executive Theory.

      Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

    2. Which is why they were always bullshit. Trump is writing checks with his mouth that congresses ass ain’t gonna cash. Anybody who knows how the government works always knew this.

    3. Oh, do Trump is able to do every fucking thing else but NOW he needs approval from Congress?

      Maybe it’s be because its :

      * Unfeasible

      * Way too fucking expensive

      * The tariffs don’t even come close to covering it

      * It won’t happen and he doesn’t want to personally take the fallout and it’s easy to blame the Congress

      In that order.

    4. Duh.

      Because it’s not a power that the President has, despite Donny thinking the budget is his own personal checkbook.

      P.s. I’m adding this part because even though this is a simple thing with a simple answer, there is no way that I’d get a comment through the automod that is as short as this one really needed to be, which is honestly just “duh”.

    5. Why? Is it because you can’t miss appropriate another line item in Johnson’s shut down the government and send the republicans home so yo can’t vote on the Stonewall Bill. Kinda like you did with the 1776 payments to the military. Took it from the military housing BHA. So now they can sleep in the mold and leaky base housing. Yeah that one. Bag of donuts.

    6. Hot-Celebration5855 on

      That would cost 288 billion given there’s 144,000 Americans making <100k. Which is basically all of and maybe slightly more than the entirety of year end tariff revenue (180 billion as of end sept).

      I thought tariffs were to restore jobs? Or pay down the deficit? Or punish countries that are “unfair” to America? Or are they just going to be used as a bribe to American voters paid for the business owners and corporations who pay (and have absorbed much of) these tariffs?

      I hope Congress does vote this down. American politicians – regardless of party – have totally lost the plot on fiscal responsibility and budgeting

    7. PopularRain6150 on

      They’re not “tariff checks” – it’s a mandatory loan , financed with debt.

      They give you a check for $2,000, you pay back double that on the interest in the us debt.

    8. trollmonster8008 on

      So he can tax us through tariffs without congressional approval but can’t reimburse us a portion of that tax without congress? Make it make sense.

    9. That’s why it was a stupid promise, but anyone with sense should know these checks would be horrible for inflation anyway so hopefully they are never passed.

    10. U.S. Customs reports that tariffs have actually generated about $200 billion thus far, which is slightly over 1% of Trump’s insanely inflated figure of $18 trillion. Trump has also promised to send everyone “tariff divided checks” for $2,000. Please note that the COVID stimulus checks that were sent out in 2020 (with most adults receiving only $1,200) cost us $300 billion. Therefore, the checks Trump is promising would end up costing far more than we’ve actually collected in tariffs.

    11. Just another attempt to buy off potential voters, while Trump finishes blowing up the national debt.

      Anyone seen the unredacted Epstein files?

    12. “Go ask your mother for it.”

      “Go ask your father for it.”

      “Go ask your grandpa for it.”

      “Go ask…”

      A never ending cycle of finger pointing, isn’t this Republican majority government just dandy?! 😀

    13. How about pay down the deficit since we pay interest on that debt? Sending 2500 into a bunch of people’s pockets will just wind up driving up inflation.

    Leave A Reply
    Share via