From NY Post: Christmas could be coming twice.
Working Americans are going to get “very large refunds” of $1,000 to $2,000 per household early in the new year, according to Treasury Secretary Scott Bessent.
The checks will come in the first quarter of 2026 as a result of tax cuts in President Trump’s sweeping, budget-focused One Big Beautiful Bill Act, he said.
Americans with jobs have not yet adjusted their tax withholding, so many will receive refunds next year, he said.
“I think we’re going to see $100 [billion] to $150 billion of refunds, which could be between $1,000, $2,000 per household,” Bessent said Wednesday.
Bessent credits several provisions in the legislation, such as auto-deductibility and no tax on tips.
🚨 WOW! Treasury Sec. Scott Bessent confirms $100-$150 BILLION in tax refunds coming in 2026, the largest in HISTORY, totaling $1,000-$2,000 per household.
HUGE economic improvements are coming. This is going to be massive for affordability!
“I think we’re going to see a… pic.twitter.com/mWtluFLUmE
— Eric Daugherty (@EricLDaugh) December 10, 2025
Read more at NY Post
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