Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Saving vs. Investing: Key Differences, How To Choose

Saving vs. Investing: Key Differences, How To Choose

February 20, 2026
5 Investments to Consider 10 Years Before Retirement

5 Investments to Consider 10 Years Before Retirement

February 20, 2026
Democrats demand that Trump issue ,700 tariff refunds to Americans after the Supreme Court ruling

Democrats demand that Trump issue $1,700 tariff refunds to Americans after the Supreme Court ruling

February 20, 2026
14 of the most uncomfortable moments on ‘America’s Next Top Model’

14 of the most uncomfortable moments on ‘America’s Next Top Model’

February 20, 2026
How to Use an HSA to Pay for COBRA

How to Use an HSA to Pay for COBRA

February 20, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
February 20, 2026 11:37 pm EST
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » Democrats demand that Trump issue $1,700 tariff refunds to Americans after the Supreme Court ruling
Democrats demand that Trump issue ,700 tariff refunds to Americans after the Supreme Court ruling
Markets

Democrats demand that Trump issue $1,700 tariff refunds to Americans after the Supreme Court ruling

News RoomBy News RoomFebruary 20, 20261 ViewsNo Comments

President Donald Trump previously promised Americans tariff dividend checks, but if Democrats have their way, he could be issuing refunds instead.

After a Supreme Court ruling on Friday struck down Trump’s tariffs levied under the International Emergency Economic Powers Act, Democratic lawmakers were quick to demand that the president repay Americans through tariff refunds.

“Donald Trump should return that money immediately. He has an obligation,” California Gov. Gavin Newsom said on Friday. “$1,751 per family that were taxed by Donald Trump. He took hundreds of billions of dollars from working folks, from the ag community, from small businesses for this vanity play, this illegal action, and he finally was held to account. The rule of law won out.”

Illinois Gov. JB Pritzker sent a letter to Trump calling for refunds to families in his state.

“Your tariff taxes wreaked havoc on farmers, enrage our allies, and sent grocery store prices through the roof,” Pritzker said in the letter. “On behalf of the people of Illinois, I demand a refund of $1,700 for every family in Illinois.”

Every time Kelsey publishes a story, you’ll get an alert straight to your inbox!

Stay connected to Kelsey and get more of their work as it publishes.

The governor also sent an invoice billing that amount for more than 5.1 million Illinois families, totaling more than $8.6 billion. The invoice said it was “PAST DUE – DELINQUENT.”

When reached for comment, White House spokesman Kush Desai responded in part by saying if Pritzker “really cared about delivering economic relief for Illinois, he’d start with his own state government instead of chasing another stupid headline.”

The offices of Newsom and Pritzker did not respond to requests for comment.

Both Newsom and Pritzker are considered potential candidates for the presidential election in 2028, and they’ve both been highly critical of Trump.

The governors appeared to be basing their requests for refunds of that amount on a report released this month by Democrats on the Joint Economic Committee in Congress. The report found American families paid an average of $1,745 in tariff costs between February 2025 and January 2026, for a total of over $231 billion paid by consumers.

Other studies, including from Harvard Business School and The Budget Lab at Yale, have found that tariff costs are largely paid by American businesses and consumers.

The Supreme Court on Friday ruled that tariffs issued under the IEEPA, a national security act, had exceeded the president’s authority. Trump denounced the decision and said he would pursue additional tariffs through other avenues.

In November, Trump touted the money being collected from tariffs and floated the idea of sending $2,000 tariff dividend checks to middle and low-income Americans, though issuing such checks would likely have required an act of Congress. In January, Trump gave mixed messages about his plans for tariff rebate checks.

Now, with the IEEPA tariffs struck down, it’s likely some American businesses will try to receive refunds for the tariff costs they paid.

Despite Democrats’ stance on the issue, there’s a lot of uncertainty about whether or how refunds would happen.

The Supreme Court ruling did not touch on issuing tariff refunds.

When Trump was asked Friday if the government would now have to issue refunds, he said, “I guess it has to get litigated for the next two years.”

Treasury Secretary Scott Bessent said Friday it was “unlikely” Americans would receive tariff refunds.

“I got a feeling the American people won’t see it,” Bessent said, adding, “My sense is that could be dragged out for weeks, months, years.”



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

14 of the most uncomfortable moments on ‘America’s Next Top Model’

14 of the most uncomfortable moments on ‘America’s Next Top Model’

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

OpenAI just hired back another employee from Mira Murati’s Thinking Machines Lab

OpenAI just hired back another employee from Mira Murati’s Thinking Machines Lab

Microsoft just named Asha Sharma as its new Xbox CEO. Read the memos.

Microsoft just named Asha Sharma as its new Xbox CEO. Read the memos.

The battle over Trump tariff refunds is next — and it will be messy

The battle over Trump tariff refunds is next — and it will be messy

Peacock’s next growth bet: selling subscriptions for other streamers

Peacock’s next growth bet: selling subscriptions for other streamers

NATO is deploying a drone carrier to its eastern edge after repeated Russian airspace incursions

NATO is deploying a drone carrier to its eastern edge after repeated Russian airspace incursions

We paid ,000 for the cheapest room on an ultra-luxury Caribbean cruise. See inside our ship and 302-square-foot suite.

We paid $9,000 for the cheapest room on an ultra-luxury Caribbean cruise. See inside our ship and 302-square-foot suite.

‘Everybody is switching’: A United exec took aim at American as the airlines battle at Chicago O’Hare

‘Everybody is switching’: A United exec took aim at American as the airlines battle at Chicago O’Hare

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

5 Investments to Consider 10 Years Before Retirement

5 Investments to Consider 10 Years Before Retirement

February 20, 2026
Democrats demand that Trump issue ,700 tariff refunds to Americans after the Supreme Court ruling

Democrats demand that Trump issue $1,700 tariff refunds to Americans after the Supreme Court ruling

February 20, 2026
14 of the most uncomfortable moments on ‘America’s Next Top Model’

14 of the most uncomfortable moments on ‘America’s Next Top Model’

February 20, 2026
How to Use an HSA to Pay for COBRA

How to Use an HSA to Pay for COBRA

February 20, 2026
I played hooky from a work conference to spend the day with my daughter. Our adventures were well worth the guilt.

I played hooky from a work conference to spend the day with my daughter. Our adventures were well worth the guilt.

February 20, 2026

Latest News

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

February 20, 2026
How Much Monthly Income Could a 0,000 Annuity Provide?

How Much Monthly Income Could a $400,000 Annuity Provide?

February 20, 2026
Why SCOTUS’ rejection of Biden’s student-loan forgiveness plays a big role in its Trump tariff decision

Why SCOTUS’ rejection of Biden’s student-loan forgiveness plays a big role in its Trump tariff decision

February 20, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.