Fiscal Policy & Government Spending - The prospect of $2,000 rebate checks from the president in the coming year is unlikely [1] - A similar tax rebate initiative during COVID, involving $1,500 per person and $500 per child, amounted to $292 billion [1] - Implementing $2,000 checks for everyone now is projected to cost upwards of $450 billion [2] Tariffs & Revenue - Tariffs have generated $89 billion in revenue under the AIPA statute this year [2] - Tariff revenue alone cannot cover the cost of the proposed rebate checks [2] Budget & Taxation - The president is expected to include the rebate proposal in the fiscal year 2026 budget, anticipated in February [2] - Funding the rebate checks would necessitate raising taxes elsewhere [2]

government shutdown has now lasted 41 days. It could be coming to an end very soon after the Senate advanced a bill that would fund the government through January of 2026. Several Democratic senators joined the Republicans for a 6040 vote vote in favor of the bill.Let's bring in Henrietta Trees VA partners managing partner and director of economic policy to talk more about this. Henrietta, um how close are we in your view right now and what's the sort of timeline that we're looking at. >> We are on the goal ...