President Donald Trump is again promoting the idea that tariffs are generating vast sums of money for the United States — enough, he claims, to fund $2,000 payments to many Americans while also paying down the national debt.

"All money left over from the $2,000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT," Trump said Monday on his Truth Social platform.

IN CASE YOU MISSED IT | Trump says Americans will get payments of 'at least $2,000' from tariff revenue

It is not a new concept for the president, who has previously suggested some form of tariff-funded dividend. According to Kevin Hassett, director of the U.S. Natio

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