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Trump's $2,000 Checks Face Inflation and Debt Concerns

11/26/2025

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Summary

Story summary

U.S. President Donald Trump proposed issuing $2,000 tariff rebate checks.
Senator Ron Johnson argued the country cannot afford the plan amid a $2 trillion deficit in 2025.
Dr. Ray Perryman warned the checks could raise inflation by 1.1 to 1.3 percent, costing about $450 billion.
U.S. Representative Pete Sessions echoed concerns and called for balancing growth with the national debt.
Congress would need to approve any such payments.

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Story summary

U.S. President Donald Trump proposed issuing $2,000 tariff rebate checks.
Senator Ron Johnson argued the country cannot afford the plan amid a $2 trillion deficit in 2025.
Dr. Ray Perryman warned the checks could raise inflation by 1.1 to 1.3 percent, costing about $450 billion.
U.S. Representative Pete Sessions echoed concerns and called for balancing growth with the national debt.
Congress would need to approve any such payments.