Scott Bessent says working Americans to receive up to $2,000 in tax refunds under Trump’s new bill
The Republican-backed One Big Beautiful Bill Act will deliver $100 billion to $150 billion in refunds, providing $1,000 to $2,000 per household to working Americans.
- The U.S. Treasury said Bessent projected $100 billion-$150 billion in refunds, about $1,000 to $2,000 per household.
- Because many workers haven't adjusted withholding, refunds next year are driven by tax changes in the One Big Beautiful Bill Act affecting U.S. residents, the Treasury said.
- The Treasury said refunds will come during the tax year, putting more money into service industry staff, linemen, factory workers, and seniors who depend on Social Security.
- Amid souring public opinion, the U.S. Treasury criticized `political obstructionism` in liberal states, while supporters of the bill described it as `the most pro-worker, pro-family legislation in a generation`.
- Results of multiple polls released in recent weeks show Americans hold a negative economic view, while a Forbes July report found inflation outpaced wage growth for 40% of Americans.
14 Articles
14 Articles
Bessent expects taxpayers will see 'very large' tax refunds early next year
Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA).Bessent spoke to NBC10 Philadelphia on Tuesday ahead of an event touting the Trump administration's economic policies and said American taxpayers could see sizable refunds following the enactment of the OBBBA.The treasury secretary noted that the tax…
Working Americans to get 'very large refunds' of $1,000 to $2,000 early in the new year, per Treasury
Tax changes included in the One Big Beautiful Bill Act are expected to provide American households with $1,000 to $2,000 refunds next year, according to an article shared by White House Press Secretary Karoline Leavitt.
Is Trump About To Give Out $2,000 Checks?
(Washington, DC) – If you are among the employed here in the USA, and it’s not volunteer work — then you get a paycheck. You’re also in line for a “very large refund” in the realm of nearly $1,000 to $2,000 per household, early next year. That’s according to Treasury Secretary Scott Bessent, who suggested the checks will arrive sometime during the first four months of 2026 — as a result of tax cuts, enacted in the One Big Beautiful Bill Act. Bes…
Scott Bessent says working Americans to receive up to $2,000 in tax refunds under Trump’s new bill
US Treasury Secretary Scott Bessent has announced plans for tax refunds of $1,000 to $2,000 for American households in 2026 due to new tax cuts under the One Big Beautiful Bill Act. He has also emphasised the need to reduce overregulation to foster economic growth and stability.
Working Americans will soon receive a tax refund of up to $2,000 per household from the government, US Treasury Secretary Scott Bessent said.
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