India, Dec. 11 -- President Donald Trump's proposal to give Americans extra stimulus checks, or "tariff dividend" payments, right before the holidays has recently attracted increased attention due to a flurry of articles and social media posts.

In the recent cabinet meeting, Trump claimed that the checks, which would provide working-class and middle-class households with up to $2,000 per person, would be sent out by mid 2026.

However, there is currently no official plan for such payments. The Internal Revenue Service (IRS) has confirmed it has not scheduled any new deposits. The Congress has also not passed any new legislation authorizing widespread stimulus checks.

Business Insider cited a think tank that was behind the "Committee for...