Republican lawmakers remain cautious about Trump's "tariff dividend" plan

Jinse Finance reported that although Trump has repeatedly mentioned the idea of issuing $2,000 to low- and middle-income families and claimed that the funds would come from tariffs he imposes, his party colleagues are generally lukewarm about the plan and question whether it can gain congressional approval to fulfill the promise. Several Republican members of Congress stated that they prefer to use tariff revenues to reduce the fiscal deficit rather than directly distribute cash. Currently, U.S. public debt is approaching a historic high, and lawmakers believe that the priority should be to strengthen fiscal discipline rather than restart the "cash handout" model. In addition, some lawmakers are considering using tariff revenues to extend the Affordable Care Act subsidies. These subsidies will expire on December 31, and if not renewed, millions of Americans will face a surge in insurance premiums. (Golden Ten Data)