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U.S. Treasury Secretary Scott Bessent offered clarification this week on who would likely receive a proposed stimulus check from the Trump administration, amid a bold proposal from President Trump.
“That would be for families making less, say, than $100,000,” Bessent said during an interview with Fox News.
The secretary noted that the administration had not yet decided on an official income threshold for those who may potentially receive this proposed stimulus, but that it’s currently “in discussion.”
“What we did with the tax bill is actually financing the president’s no tax on tips, overtime, Social Security; and the big refunds you’re going to see are a result of that – so that’s another payment to the American people,” he said.
The “tax bill” Bessent was referring to was President Trump’s “One Big Beautiful Bill,” which was signed into law in July.
Bessent also referred to the upcoming “Trump Accounts” that will be launched in 2026.
“Every child born…for the next three years is going to get a thousand-dollar account that’s going to be invested in the U.S. Stock Market, so that’s another $1,000 for working families,” Bessent said.
President Donald Trump caught the nation’s attention earlier this week when he promised to issue a dividend to middle-class Americans – a financial boon that he plans to draw from the multi-billion-dollar stream of tariff revenue his administration has collected in 2025.
“We’re going to issue a dividend to our middle-income people, and lower-income people, of about $2,000, and we’re going to use the remaining tariffs to lower our debt,” the president said on Monday.
As reported by RSBN, this proposed dividend would need congressional approval, just as the Covid-era stimulus checks did in 2020 during the first Trump administration.
President Trump’s tariff check proposal comes amid the final weeks of 2025, and amid the federal government’s reopening after a multi-week standoff with Senate Democrats.