Story perspectives
Trump's Proposed Checks Spark Inflation Concerns Among Experts
10/12/2025
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Story summary
- Former President Donald Trump proposed checks of $1,000 to $2,000 funded by tariffs to Americans.
- Experts including Chris Motola and Paul Johnson warn such checks could worsen inflation as people spend the funds.
- A White House official said no official plan for these checks exists yet.
- Tax cuts from Trump's One Big Beautiful Bill Act may yield larger refunds in 2026 and could fuel inflation alongside tariffs.
