29 Jul 2025, 02:12
A bill is proposed for a payment of 600 dollars per check
- The bill provides for a payment of 600 dollars per family
- Payments may be impacted by inflation in the USA
- The bill still needs to be approved by Congress
Main Information
On July 28, 2025, Senator Josh Hawley introduced a bill that provides for payments of checks in the amount of no less than 600 dollars to American families. This initiative arose after comments from President Donald Trump about the possibility of returning part of the revenue from customs duties.
Key Facts
According to the bill, each adult and dependent child may receive at least 600 dollars in the form of a refundable tax credit. Hawley noted that this payment would allow working Americans to offset the increase in customs duties that were introduced by Trump.
The bill also provides for a reduction in the payment amount by 5% for those whose income exceeds 150,000 dollars for joint tax returns.
Impact on Inflation
Experts believe that payments may contribute to increased inflation. Earlier stimulus programs, approved by the government, contributed to a rise in inflation to 9% in 2022. According to estimates, Trump's customs duties could generate 2.5 trillion dollars in revenue over the next decade, but could also increase average household spending by 1300 dollars by 2025.
Next Steps
Hawley's bill must pass through Congress, and its adoption is not guaranteed. Earlier, Speaker of the House Mike Johnson expressed doubts about further proposals for direct payments to Americans.
Tags: USA/Politics/Economy