‘So much money’: U.S. senator proposes $600 rebates to Americans from tariff cash haul
President Trump already has endorsed the concept of returning some of nation’s new income to taxpayers
U.S. Sen. Josh Hawley, R-Mo., has proposed legislation in Congress that would give American taxpayers each at least $600 in the form of a rebate, taken from the huge cash haul that is expected during 2025 from President Donald Trump’s tariffs on foreign nations.
Trump has been working since taking office to balance the world trade and make it more fair for American consumers and corporations, who long have been subsidizing other nations’ incomes.
He’s used tariffs as both a stick and carrot to persuade other nations to reach trade agreements, and multiple deals have been inked, the most recent with the European Union which will have those nations paying America a 15% tariff, purchasing more American products and investing $600 billion in the U.S.
The results have been positive, with the nation’s trade surplus in June at $27 billion, just what Trump’s tariffs brought in. Further, the economy now is assessed to be growing at an annual rate of 3%.
The Washington Examiner noted Hawley’s plan would provide for $600 rebates per person, but that number could go higher depending on the actual tariff revenue this year, which now is estimated to be in the range of $200 billion to $250 billion.
“Americans deserve a tax rebate after four years of Biden policies that have devastated families’ savings and livelihoods,” Hawley said, about his “American Worker Rebate Act.”
“Like President Trump proposed, my legislation would allow hard-working Americans to benefit from the wealth that Trump’s tariffs are returning to this country.”
It does provide for reduced rebates for those individuals with income above $75,000 or couples with income higher than $150,000.
Trump said, “We’re thinking about that [a rebate], actually. We have so much money coming in we’re thinking about a little rebate, but the big thing we want to do is pay down debt. We’re thinking about a rebate. That’s a very good question. You just made a lot of news.”
That drew Hawley’s promise:
