Topic

Court doubts Trump tariff payout

2h

President Trump proposed paying most Americans $2,000 each from U.S. tariff revenues, but the plan faced Supreme Court skepticism and legal and inflation risks.

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That’s one way of putting it: “The episode underscores the haphazard ways consequential policies are sometimes brought before the president, and how Trump’s govern-by-whim nature can backfire.” www.politico.com/news/2025/11...
‘Sold POTUS a bill of goods’: WH furious with Pulte over 50-year mortgage
The White House was blindsided by the idea and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers.
www.politico.com
November 10, 2025 at 11:37 PM
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Reposted by David Darmofal

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Six months after the Trump administration cut more than $800 million in Justice Department grants geared toward public safety, the organizations affected are adjusting to a future without that money. n.pr/4oBZese
Public safety groups face an uncertain future months after federal grant cuts
Six months after the Trump administration cut more than $800 million in Justice Department grants geared toward public safety, the organizations affected are adjusting to a future without that money.
n.pr
November 10, 2025 at 10:14 PM
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Haha he has no idea how broke this country is
November 10, 2025 at 10:09 PM
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Since January, Trump's Treasury has quietly gutted enforcement of the corporate alternative minimum tax — a huge boon for big business and wealthy investors.

Meanwhile, he's led an all-out assault on Medicaid, SNAP, and other programs that help the poor.

Reverse Robin Hood.
November 10, 2025 at 10:01 PM
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First Trump is trying to expropriate $230M from DOJ for himself, now this
This allows Trump (via DOJ) to use taxpayer money to bribe eight GOP Senators. It's that simple, there's no other way to describe it.

And where's the compensation for people injured by the Trump admin's unlawful conduct through DHS & DOGE?

Take a bow, @schumer.senate.gov, you did this.
November 10, 2025 at 9:48 PM
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Trump on tariffs fits the definition of chutzpah (“I killed my parents, have mercy on me, an orphan”): I collected so much money illegally that giving it back would be a disaster. (More formally, the fact that giving it back would be a disaster is a reason for saying it wasn’t collected illegally.)
November 10, 2025 at 9:27 PM
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While the president's Solicitor General argues to the Supreme Court that the cornerstone of the president's power to impose tariffs is that they are not revenue raising...
November 10, 2025 at 9:18 PM

Reposted by Simon Lester

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Last week, the Supreme Court heard oral argument in the challenge to President Trump's use of the International Emergency Economic Powers Act to impose tariffs. Joshua Villanueva, Kristijan Barnjak, and Rebecca Qiu provide an overview of the arguments and the justices’ line of questioning.
Oral Argument Summary: Learning Resources, Inc. v. Trump (Tariffs)
At stake is whether IEEPA authorizes tariff measures, and if so, whether that delegation violates constitutional principles of nondelegation.
lawfaremedia.org
November 10, 2025 at 9:03 PM
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The annual budget deficit is already around $1.8 trillion, and any checks sent to the people will just mean higher borrowing.
Hassett: "I think it's back on the table to think about what to do with those tariff revenues. I'm sure the president will discuss with congressional leaders whether because of all of the extra tax revenue, there is more room to get checks back to people."
November 10, 2025 at 8:27 PM
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The good news about all that foreign investment money is that we wouldn't have to pay it back because we don't actually have it.
Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
November 10, 2025 at 8:23 PM

Reposted by Simon Lester

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Hassett: "I think it's back on the table to think about what to do with those tariff revenues. I'm sure the president will discuss with congressional leaders whether because of all of the extra tax revenue, there is more room to get checks back to people."
November 10, 2025 at 8:19 PM

Reposted by Simon Lester

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Trump claims the U.S. would need to repay $2 trillion if the Supreme Court overturned his tariffs. He says that covers "tariff revenue and investments," which presumably includes the deals from Japan, Korea, etc. Credible estimates of tariff revenue are less than 10% of that.
November 10, 2025 at 8:18 PM

Reposted by Simon Lester

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$2,000 tariff dividends would cost $600 billion a year and if paid annually would raise the debt to 134% of GDP (from ~100%) by 2035, the Committee for a Responsible Federal Budget estimates.
November 10, 2025 at 8:08 PM
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Reposted by Dean Baker

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Donald Trump just said he'll ask the Supreme Court to freeze SNAP payments AGAIN.

His message to the 42 million Americans who rely on SNAP? Eat dirt.
November 10, 2025 at 6:42 PM