By hiking tariffs on nearly all imports to the United States earlier this year, President Donald Trump effectively imposed one of the largest tax hikes in American history —and did so without congressional approval .

Now, the Trump administration is reportedly preparing to spend some of the revenue from those tax increases—also without congressional approval.

The White House is preparing a bailout for farmers harmed by the trade war. The exact contours of the package remain unclear for now, but Politico and The Wall Street Journal both report that the administration is eying at least $10 billion in aid. We'll know more early next week, as Treasury Secretary Scott Bessent says an announcement of "substantial support" is expected on Tuesday.

This much seems clear: tariffs paid by American

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