The phrase refers to a hypothetical economic impact payment potentially issued under a second Donald Trump presidential administration, should he be elected in 2024 and subsequently take office in 2025. Such a payment would resemble the stimulus checks distributed during the COVID-19 pandemic aimed at boosting the economy and providing financial relief to individuals and families.
Discussion surrounding this possibility often centers on the potential economic effects, including increased consumer spending and decreased poverty, as well as the potential budgetary implications for the federal government. Previous instances of similar payments have been credited with stimulating economic activity during times of recession or economic downturn. The effectiveness and long-term consequences of such policies, however, remain a subject of ongoing debate among economists and policymakers.