The nonpartisan nonprofit Committee for a Responsible Federal Budget released cost projections after Trump pitched his idea this weekend.

Donald Trump’s proposal to send Americans $2,000 rebate checks from money collected through his tariffs is projected to cost $600 billion a year ‒ about double what the United States is expected to generate from the new duties on imports.

The Committee for a Responsible Federal Budget, a nonpartisan nonprofit that studies fiscal policy, released the projections on Nov. 10 after Trump over the weekend pitched his idea on Truth Social. The president touted “taking in Trillions of Dollars” and said, “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”

    • ameancow@lemmy.world
      link
      fedilink
      English
      arrow-up
      11
      ·
      edit-2
      14 hours ago

      Welfare generally means something to keep you alive.

      2k is one month mortgage or rent. It’s a bribe to make people think he’s doing something, even if he does it, we will never see another dime and his policies and attacks on our institutions will have resulted in financial catastrophe for the US and worldwide death tolls in the millions with the cutting of aid programs and vaccine/medical research and mandates.

      There is no amount of our own money he could give to anyone which will make up for the long-term harm he’s done to the world.