Sen. Josh Hawley (R-MO) introduced legislation on Monday to provide Americans with tariff rebate checks of at least $600.

The checks would be for each adult and child in American families.

“Americans deserve a tax rebate after four years of Biden policies that have devastated families’ savings and livelihoods. 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,” Hawley said in a statement.

NBC News has more:

Hawley, who championed stimulus check legislation with Sen. Bernie Sanders, I-Vt., during the Covid pandemic in 2020, put forward his new bill to echo that past effort. The program would be set up as a refundable tax credit, with the government sending checks this year should the bill advance through Congress and get Trump’s signature. The bill would ensure that each adult and dependent child would get at least $600. It would also allow a larger rebate per person should tariff revenue exceed projections.

The bill would reduce the rebate by 5% for joint filers who have adjusted gross income in excess of $150,000, a head of household whose income exceeds $112,500 and an individual taxpayer whose income exceeds $75,000.

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The Treasury Department reported this month that customs duties totaled about $27 billion for June, an increase of about $4 billion from May. But June also saw inflation tick up slightly as Trump’s wide-ranging tariffs started to work through the U.S. economy. The independent Tax Foundation projected that Trump’s tariffs would raise $2.5 trillion in revenue over the next decade, but that, through price increases, they would effectively increase taxes on the average U.S. household by nearly $1,300 this year and nearly $1,700 in 2026, should they remain in full effect.

“Great news on President Trump’s EU deal. 15% tariffs – more tariff money! Which means more money for rebates for working people,” Hawley said Monday.

President Trump said last week he was considering rebate checks due to the amount of money from tariffs.

Here’s the clip:

The Center Square provided further info:

President Trump has been working to reorder global trade through tariffs to give U.S. companies an advantage at home. He has said he is open to rebate checks for Americans.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families and pay down the national debt.

Economists, businesses and some publicly traded companies have warned that tariffs could raise prices on a wide range of consumer products.

A tariff is a tax on imported goods paid by the person or company that imports the goods. The importer can absorb the cost of the tariffs or try to pass the cost on to consumers through higher prices.

 

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