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Trump Keeps Promising Cash on the Campaign Trail—but Has a Poor History of Following Through

Trump Keeps Promising Cash on the Campaign Trail

Trump has made many big promises, but he hasn’t always kept them.

He has repeatedly floated the idea of giving a $2,000 stimulus check or tax rebate to most Americans, supposedly funded by revenue from the global tariffs he’s imposed throughout his second term. But since making that promise in November 2025, as of this month, such dividends have yet to materialize. TIME has reached out to the White House for comment.

When his on-and-off friend Elon Musk was implementing a cost-cutting initiative across the federal government last year, Trump said he was considering using some of the savings to give Americans cash. “We’re thinking about giving 20% back to the American citizens, and 20% down to pay back debt,” Trump said in February last year. That plan also never materialized.

During his first term, while he was seeking re-election in 2020, Trump promised that his Administration would send $200 discount cards to 33 million older Americans on Medicare to help them pay for prescription drugs. Critics slammed the plan for lack of a clear funding source and how it appeared to be designed just to court voters, but his term eventually ended without distributing those cards and he did not pursue the policy in his second term that began in 2025.

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