President Donald Trump’s Treasury Secretary Scott Bessant appeared to have ruled on $2,000 tax rebate checks following the Supreme Court’s Friday ruling on “Emancipation Day” tariffs. Americans “won’t see it,” the official said in an interview, referring to the tax rebates.
“I have a feeling the American people are not going to see it,” Bessant said.
$2,000 tariff rebate
The basic idea behind the payment was proposed by President Trump in January. “The tariff money is pretty substantial,” he told the New York Times in an exclusive interview. “The money is coming and I’m going to make $2,000 at some point. I would say at the end of the year.”
However, neither the White House nor Congress have revealed specific details. The concept was always far-fetched.
Questions about the rebate checks emerged after the Supreme Court ruled on Friday that Trump exceeded his authority by imposing global tariffs without congressional authorization.
Will Americans get $2,000 checks from tariffs?
Trump has said the checks will be sent out in 2026. The payments would be made to “moderate-income individuals,” he added. However, Congress did not vote to pass the bill and formally announce the tax rebate.
“The president is talking about a $2,000 tax rebate that would be available to families making less than $100,000 a year,” Bessant said on Fox News at the time. He added that payment was still under discussion.
Based on Friday’s ruling, it seems unlikely that Americans will see the checks.
“If there were compensation, it would be the ultimate corporate benefit,” Bessant told Fox News on Friday, hours after the high court ruling. He added that the amount of revenue affected by the Supreme Court ruling would be closer to $130 billion, rather than the estimated $175 billion.
Trump vs Scotus
Meanwhile, Trump lashed out at the six Supreme Court justices who voted to overturn his tariffs.
“The Supreme Court’s ruling on tariffs is deeply disappointing, and I’m ashamed, absolutely ashamed, of some members of the court who don’t have the courage to do the right thing for the country,” Trump said in the White House briefing room.
The president added that he plans to impose a flat 10% tariff on foreign goods in the coming days.
