President Donald Trump on Sunday announced that a dividend payment of "at least" $2,000 would be paid to most Americans from US tariff revenues.
In a post on Truth Social, he wrote: "We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion."
Uhh, "paying down" the debt? Last I checked we added $1 trilly of new debt in two months.
"A dividend of at least $2000 a person (not including high income people!) will be paid to everyone."
Tarrifs have brought in ~$200 billion. If you give $2000 "tarrif dividends" to 100 million, you spend at least $20 billion. This isn't touching the debt.