Part 3/5:
While the idea of issuing tariff-funded checks has gained some traction as a form of economic relief, it must garner approval from Congress to be implemented. Johnson’s vocal opposition signals potential roadblocks for the plan, especially since bipartisan consensus is typically necessary for significant fiscal initiatives.
The Revenue from Tariffs and the Cost of Dividend Checks
According to U.S. Customs and Border Protection, the tariffs imposed by the Trump administration have generated approximately $90 billion in revenue from their implementation through the end of September. This figure underscores the substantial income tariffs have contributed to the government’s coffers since their enforcement.