The Savage Nation – MichaelSavage.com – Please stop the ‘free money’ conveyor belt, Mr. President
President Donald Trump’s talk of a $2,000 tariff “dividend” for nearly every American sounds tempting, but more “free money” from Uncle Sam is a recipe for the ruin of the republic.
The prez should drop the talk because walking the walk would yield disaster.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” Trump posted Sunday.
Yet the president has no authority to single-handedly authorize checks of any amount.
He’d need Congress’ OK, and plenty of Republican lawmakers oppose such rebates; if he works with Democrats to get them, they’ll take most of the credit.
Even his own Treasury secretary, Scott Bessent, sought to throw cold water on the idea, clarifying that the “dividend” could come from tax cuts in the already-passed One Big Beautiful Bill Act.
Trump claims he’d get the money for them from tariff revenue, yet the Committee for a Responsible Federal Budget estimates that, if payments are designed like COVID-era subsidies, they’d run about $600 billion — twice what tariffs are projected to bring in.