Will Americans see a 3rd Trump stimulus check in 2025?

Then-President Donald Trump gave two stimulus cheques to help a nation afflicted by COVID-19 during the height of the pandemic, but would he give the American people another one in 2025?

On January 20, 2025, President-elect Donald Trump will take office again. A lot of people are asking if he will issue a third stimulus check to a country that is just emerging from a period of extremely high inflation.

Don’t hold your breath, though, if you’re expecting for that check to arrive in your bank account.

It is a scenario that scientists think is quite unlikely, according to CBS News.

In an interview with CBS MoneyWatch, Jacob Channel, a senior economist at LendingTree, stated that stimulus checks usually only occur when the economy is in extremely poor health and consumers require encouragement to resume spending. Right now, it isn’t actually the case.

Take a look at Cyber Monday this year. According to Adobe Analytics, American sales during the 24-hour period totaled $13.3 billion, up 7.3% from the year before, CNN said.

Trump s stimulus checks

Millions of Americans depended on economic impact payments, also known colloquially as stimulus checks, from the federal government during the peak of the coronavirus (COVID-19) pandemic to make ends meet during a period when many were laid off.

During his first term, Trump issued two such checks, the first for up to $1,200 in March 2020 and the second for up to $600 in December 2020.

As mandated by the American Rescue Plan Act, the Internal Revenue Service (IRS) under President Joe Biden made the last payments in 2021 in the form of $1,400 cheques.

According to the outbreak Response Accountability Committee, the government made over 476 million payments during the outbreak, which came to almost $814 billion.

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