There’s no indication that the government is planning to send stimulus checks to Americans, despite what you may hear on social media.
Users on social media platforms TikTok and X are searching for information about stimulus checks of up to $2,000, rumored to be set to come out before the end of the year. It’s unclear where the information came from, but there is no evidence that the government will be sending money to households before the end of the year.
Not The First Time Stimulus Rumors Have Swirled
This is not the first time that rumors have swirled about stimulus checks. Back in March, users on TikTok reportedly posted videos with captions that stated that then-presidential candidate Donald Trump promised stimulus checks for everyone over the age of 18 if he won the election.
There’s also no indication that Trump plans to provide stimulus checks to Americans once he’s in office. It is not mentioned on his platform or the broader Republican agenda linked on his website and would seem to conflict with a key pillar of Trump’s plan for the White House.
COVID-19 Stimulus Checks Cost Government $814B
Trump has promised to cut government spending and pay off the $35.96 trillion in national debt.
In an effort to do so, he has formed an advisory council called the “Department of Government Efficiency (DOGE),” led by supporters Elon Musk and Vivek Ramaswamy.
During Trump’s campaign, Musk said he would like to cut $2 trillion from the federal budget. The three rounds of COVID-19-related stimulus checks cost the U.S. government $814 billion, or nearly 41% of the amount Musk is looking to cut.
Current Status Of Stimulus Payments
The last round of federal stimulus payments was issued during the COVID-19 pandemic, with three Economic Impact Payments distributed between 2020 and 2021. Since then, no new legislation has been enacted to authorize additional stimulus checks.
The Internal Revenue Service (IRS) has confirmed that all previous payments have been issued and that there are no plans for future disbursements. In fact, the IRS explicitly stated that it has issued all first, second, and third Economic Impact Payments, and no new payments are scheduled for distribution in 2024 or beyond.
