Scott Bessent has given an update on the $2,000 stimulus checks President Donald Trump proposed paying out using the revenue raised from his tariffs.

In an interview with ABC News on Sunday, the Treasury Secretary said he had not discussed the idea with the president but that the tariff dividends could arrive "in lots of forms," including via the tax cuts already enacted through the One Big Beautiful Bill Act.

"It could be just the tax decreases that we are seeing on the president's agenda. You know, no tax on tips, no tax on overtime, no tax on Social Security, deductibility of auto loans," Bessent told host George Stephanopoulos . "So, you know, those are substantial deductions that, you know, are being financed in the tax bill."

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