President Trump said he is looking at sending stimulus checks worth $1,000- $2,000 funded from revenues generated from tariffs to Americans. (Anna Moneymaker/Getty Images)

During a recent interview with One America News, President Trump said he is looking at sending stimulus checks worth $1,000- $2,000.

“We’re going to do something, we’re looking at something. No. 1, we’re paying down debt. Because people have allowed the debt to go crazy, said Trump. “We also might make a distribution to the people, almost like a dividend to the people of America. “We’re thinking maybe $1,000 to $2,000 — it’d be great.”

Musk floated idea of sending stimulus checks from DOGE savings 

This isn’t the first time the idea of giving stimulus checks to Americans has been discussed. Earlier this year, when Elon Musk was running the Department of Government Efficiency (DOGE), he and Trump were considering $5,000 stimulus checks from savings DOGE found in cutting federal costs, but it never came to fruition.

U.S. government has collected billions in tariff revenue

By the numbers:

In September, the U.S. government collected $31.3 billion in tariff revenue, $73 million below the August record.  So far in 2025, the Treasury Department says the U.S. has collected $214.9 billion in tariff revenue.

Businesses often pass tariff costs on to consumers 

When it comes to tariff revenue, it’s important to know how the revenue is generated. Tariffs are import taxes that American businesses pay to the federal government, and the cost is often passed on to consumers by raising prices on goods, resulting in consumers shouldering much of the burden.

Supreme Court to hear arguments on whether Trump’s trade policy is legal

Next month during the Supreme Court’s first week of its new session, the high court will hear arguments on whether Trump’s sweeping trade policy is legal.

On Aug. 29, a federal appeals court ruled that Trump overstepped his authority by using emergency powers to impose new tariffs on imported goods, saying that authority falls under Congressional power. 

The court allowed the tariffs to remain in effect until mid-October. 

 

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