{"id":41671,"date":"2025-11-16T22:51:07","date_gmt":"2025-11-16T22:51:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/41671\/"},"modified":"2025-11-16T22:51:07","modified_gmt":"2025-11-16T22:51:07","slug":"tariff-rebate-checks-of-2000-need-legislation-says-treasury-secretary","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/41671\/","title":{"rendered":"Tariff rebate checks of $2,000 need legislation, says Treasury Secretary"},"content":{"rendered":"

Treasury Secretary Scott Bessent said Sunday that President Donald Trump\u2019s proposal to send $2,000 tariff rebate checks to most Americans would require approval from Congress, according to CNN<\/a>.<\/p>\n

\u201cWe will see. We need legislation for that,\u201d Bessent said during an appearance on Fox News\u2019 \u201cSunday Morning Futures\u201d when asked about the rebate checks. He added that \u201cthose could go out.\u201d<\/p>\n

Trump has repeatedly teased the idea of using tariff revenue to fund rebate payments in recent months, according to CNN. <\/p>\n

In a Truth Social post last weekend, he wrote: \u201cPeople that are against Tariffs are FOOLS! \u2026 A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.\u201d Trump first suggested Americans could receive a portion of tariff revenue in July.<\/p>\n

Bessent said Sunday the payments would be \u201cfor working families\u201d and would include an income limit, CNN reported. <\/p>\n

The tariff policy has drawn criticism for contributing to higher inflation on consumer goods. However, Bessent and other members of Trump\u2019s economic team have disputed claims that tariffs essentially function as a tax on American consumers, the report said.<\/p>\n

To address inflation concerns, the administration announced exemptions on Friday for agricultural imports from \u201creciprocal\u201d tariffs. The move could help address rising grocery costs, as agricultural products would avoid rates as high as 50% on imports from Brazil or the 10% duty imposed on many other countries, the report said. <\/p>\n

According to CNN, average grocery prices in the U.S. were 2.7% higher in September compared with last year. Coffee prices were up nearly 21% year-over-year in August, and bananas were about 6.6% more expensive in August than they were a year ago.<\/p>\n

If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Treasury Secretary Scott Bessent said Sunday that President Donald Trump\u2019s proposal to send $2,000 tariff rebate checks to…\n","protected":false},"author":2,"featured_media":41672,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[9,24,63,134,136,135],"class_list":["post-41671","post","type-post","status-publish","format-standard","has-post-thumbnail","category-staten-island","tag-new-york","tag-new-york-city","tag-nyc","tag-staten-island","tag-staten-island-headlines","tag-staten-island-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/41671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=41671"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/41671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/41672"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=41671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=41671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=41671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}