New Stimulus Checks Could be Coming. Here's When You Could Get Yours

"Now, Americans continue to face financial struggles after years of high inflation. And, tariffs imposed upon imports have only served to drive up prices further. To help give back some of these tariff funds and ease the burden for millions, President Trump has proposed a new stimulus payment. The new payment would total $2,000 per person and, as the President explained on social media, it would come from funds distributed from tariff revenue."

"Tariffs have brought in a substantial amount of revenue, with CNN reporting that the U.S. government has collected over $200 billion in tariff revenue. With over 163 million Americans filing a tax return in 2024, this falls short of the $326 billion it would likely cost to send every person another $2,000 stimulus payment. Still, the President did indicate that some high earners would be excluded and not everyone would be eligible,"

"This doesn't mean that Congress is guaranteed to pass another stimulus package, though. The Trump Administration does not independently have the power to distribute checks from the stimulus funds, so a bill would need to pass the House and Senate before it could get to the President's desk. The exact timeline for how quickly this could happen would depend on how broad the support is for the legislation."

Most Americans received multiple stimulus checks during the COVID-19 pandemic that helped stabilize finances amid business closures and mass layoffs. Americans continue to face financial struggles after years of high inflation, and tariffs on imports have further raised prices. President Trump proposed a new $2,000-per-person stimulus financed from tariff revenue. CNN reports the U.S. collected over $200 billion in tariff revenue, which is less than the roughly $326 billion needed to pay $2,000 to over 163 million tax filers in 2024. Some high earners would be excluded, reducing the funding gap. Any payments would require a bill to pass both the House and Senate, with the timeline dependent on legislative support.

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