New plans for ‘revenue share’ stimulus checks worth $600 – but two criteria must be met

IS money tight for you these days?

The government may be sending you a payment similar to the stimulus checks released during the COVID-19 pandemic in 2020.

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Another stimulus check could be hitting your wallet.[/caption]

But this time, it’s expected to come from record-breaking tariff revenue. 

The federal government raised about $27 billion in tariff revenue in June. That dwarfs the $4 billion generated in the same time last year. 

And one senator wants some of that to go directly to your pockets.

Sen. Josh Hawley of Missouri has introduced a bill that would deliver $600 tariff rebate checks to American workers and families. 

Eligibility requirements would be similar to the ones tied to the Covid stimulus checks. 

“Americans deserve a tax rebate after four years of Biden policies that have devastated families’ savings and livelihoods,” Hawley said in a press release. 

“Like President Trump proposed, my legislation would allow hard-working Americans to benefit from the wealth that Trump’s tariffs are returning to this country,” he added.

The American Rebate Worker Act would ensure that each payment is at least $600 per eligible worker and child. 

So that translates to $2,400 for a family of four.

Of course, Congress would need to approve this tariff rebate before any money hits your bank account. 

But President Trump says it’s on his mind.

He told reporters last Friday, “We’re thinking about that.”

“We have so much money coming in, we’re thinking about a little rebate.”

Hawley says these direct payments would have “similar parameters to the direct payments passed by Congress in 2020.”

So let’s rewind back to 2020. 

Back then , the government rolled out the coronavirus Aid, Relief, and Economic Security Act (CARES Act).

It provided up to up to $1,400 for eligible individuals or $2,800 for married couples filing jointly, plus $1,400 for each qualifying dependent

You generally would have qualified for the full direct payment if your adjusted gross income (AGI) was up to $75,000 if filing single or $150,000 for married couples filing jointly. 

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Not everyone would qualify for the proposed tariff rebate in full.[/caption]

The amounts of these direct payments would be reduced for those with AGI’s above those thresholds.

But the Act would ensure that payments are at least $600 for those eligible. 

And it would allow for larger payments if tariff revenue exceeds current projections for 2025.

Several projections estimate more than $150 billion in tariff revenue in 2025 alone.

WHAT ABOUT THE DOGE CHECKS?

The proposed tariff rebate checks are separate from the $5,000 DOGE checks – which remain nothing more than an idea.

It stems from an X post by Azoria investment firm CEO James Fishback.

He called on the Trump Administration to consider a “‘DOGE Dividend’ — a tax refund check sent to every taxpayer, funded exclusively with a portion of the total savings delivered by DOGE.”

The Department of Government Efficiency (DOGE) – once headed by Elon Musk – was established partly to cut excessive government spending. 

DOGE claims it has already saved $199 billion through its activities. That equates to around $1,236.02 per individual federal taxpayer. 

However, the proposal of a DOGE dividend for taxpayers has yet to make any official moves in Congress. 

But President Trump appeared to back the idea when speaking with reporters back in February. 

“A 20% dividend, so to speak, for the money that we’re saving by going after the waste, fraud and abuse and all of the other things that are happening. I think it’s a great idea.”