Christmas could be coming twice.

Working Americans are going to get “very large refunds” of $1,000 to $2,000 per household early in the new year, according to Treasury Secretary Scott Bessent.

The checks will come in the first quarter of 2026 as a result of tax cuts in President Donald Trump’s sweeping, budget-focused One Big Beautiful Bill Act, he said.

“I think we’re going to see $100-$150 billion of refunds, which could be between $1,000, $2,000 per household,” Bessent said Wednesday.

Bessent said working Americans could get household refunds of up to $2,000. REUTERS

Several provisions in the legislation, including auto-deductibility and no tax on tips , are to thank for the payday, he said.

Americans with jobs have not yet adjusted their tax withholding, so many will receiv

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