cupure logo
trumpukraineplanpeacetrumpspeace planwardealdeathcanada

Trump's $2,000 tariff checks shunned by Senate Republicans

President Trump's idea for $2,000 tariff rebate checks is falling flat with Senate Republicans.Why it matters: Many senators think such a move would require Congressional authorization, and they'd rather see the money go toward reducing the deficit.From leadership to Trumpy freshmen, GOP senators have not been enthused by Trump's idea of sending $2,000 checks to Americans.What they're saying: Majority Leader John Thune (R-S.D.) told reporters Tuesday that the tariff revenue is "considered to be substantial at this point and hopefully can be put to a useful purpose. Again, in my view, one of which would be repaying the debt.""I think it would be good to use the tariff revenues to pay down the debt and the deficit," Sen. Shelley Moore Capito (R-W.Va.), a member of leadership, told Axios."I think we should pay down the deficit," Sen. Bernie Moreno (R-Ohio) said."I think it's got to come through Congress," said Sen. John Kennedy (R-La.) White House officials have said they are looking at ways to send out the checks without Congressional sign off.The bottom line: "I'm not nuts for it," Sen. Kevin Cramer (R-S.D.) told Axios.Cramer conceded that it can be argued that "lower-income Americans deserve a break. Maybe they do, but I also think that, you know, it's got potential to be somewhat inflationary."Asked if Trump would need Congressional approval for such a move, Cramer said: "He'll test it. That's my guess."

Comments

Similar News

World news