Donald Trump Stimulus Check Update Given By Scott Bessent

 https://www.newsweek.com/donald-trump-stimulus-check-update-given-by-scott-bessent-11020206

Erica York, vice president of federal tax policy at the Tax Foundation, said that excluding those with incomes over $100,000 would mean 150 million adults still qualify for the rebates, putting the total cost at $300 billion. This compares to the roughly $217 billion the Tax Foundation estimates current tariffs will raise in 2026.

"The math gets worse accounting for the full budgetary impact of tariffs: a dollar of tariff revenue offsets about 24 cents of income and payroll tax revenue," she wrote. "Adjusting for that, tariffs have raised $90 billion of net revenues compared to Trump’s proposed $300 billion rebate."

York added that the rebate scheme "would increase the national debt."