Trump vows to give $2,000 to almost everyone in the US – here’s who won’t be eligible

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“We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place.”

WASHINGTON, DC – APRIL 07: U.S. President Donald Trump takes a question from a member of the media during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House on April 7, 2025 in Washington, DC. President Trump is meeting with Netanyahu to discuss ongoing efforts to release Israeli hostages from Gaza and newly imposed U.S. tariffs. (Photo by Kevin Dietsch/Getty Images)

Analysts, however, have highlighted potential problems in Trump’s grand plan. Firstly, such a payment could cost between $300 billion and $513 billion, depending on whether children count and which adults are eligible.

Economist Erica York wrote: “If the cutoff is $100,000, 150M adults would qualify, for a cost near $300 billion. … Adjusting for that, tariffs have raised $90 billion of net revenues compared to Trump’s proposed $300 billion rebate.”

Yes, you did read correctly. Using the above calculations, Trump’s rebate would actually cost the US over three times more than what his tariffs have generated.

Not only that, but the tariffs themselves are facing legal challenges.Continue reading…

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