Is a 3rd Trump Stimulus Check Coming in 2025? Here’s What Every American Needs to Know

During the pandemic’s peak, then-President Donald Trump issued two stimulus cheques to help a country suffering from COVID-19, but would he give the American people another one in 2025?

President-elect Donald Trump will take office on January 20, 2025. Many wonder if he will issue a third stimulus check for a country emerging from a soaring inflation period. According to CBS News, it is a reality “that experts say is extremely slim.”

Jacob Channel, a senior economist at LendingTree, told CBS MoneyWatch that stimulus cheques are usually only issued when the economy is in bad shape, and consumers need a push to start spending again. That is not the case now.” Check out this year’s Cyber Monday. According to CNN, the 24-hour period witnessed $13.3 billion in American purchases, “up 7.3% from the previous year, according to Adobe Analytics.”

Trump’s stimulus checks:

During the peak of the coronavirus (COVID-19) pandemic, millions of Americans relied on the federal government’s economic impact payments, sometimes known as stimulus checks, to make ends meet while many were out of work. Trump wrote two such checks during his first term, the first in March 2020 for up to $1,200 and the second in December 2020 for up to $600. The last payments, in the form of $1,400 checks, were made by the Internal Revenue Service (IRS) under President Joe Biden in 2021, as required under the American Rescue Plan Act. The government issued nearly 476 million payments totaling over $814 billion during the outbreak, according to the Outbreak Response Accountability Committee.