$2,000 Dividend Can Be Funded by Tariffs, Needs Legislation: Trump Adviser

‘It’s something that will require legislation,’ says the head of the National Economic Council.
$2,000 Dividend Can Be Funded by Tariffs, Needs Legislation: Trump Adviser
Blank Social Security checks are run through a printer at the U.S. Treasury printing facility in Philadelphia, Pa., on Feb. 11, 2005. William Thomas Cain/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
0:00

The tariffs imposed by the Trump administration can provide enough funding to send out dividend payments as floated earlier this week by President Donald Trump, said National Economic Council director Kevin Hassett on Thursday.

Trump has said he wants to send out a $2,000 dividend sourced from the global tariffs that he imposed starting earlier this year, while saying the duties would also be used to pay off the U.S. national debt.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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