Scott BessentSecretary of the Treasury of the United States reported that it will be like this in 2026 Refunds Estimates put the cost to workers at one thousand to two thousand dollars in the North American country. The advantage is largely due to the fact that many did not adjust their tax withholdings after a law was passed.
Last Wednesday, loudly NewsweekBessent told a journalist In total there will be checks totaling 100 to 150 billion US dollars US workers in the first quarter of 2026.
The official explained that for the most part This is due to the provisions of the One Big Beautiful Bill.which was approved last July.
The legislation includes:
The head of the federal department promised that beyond that Once the withholdings are changed, employees will notice an increase in their respective salaries.
“The law was passed in July; American workers have not changed their withholdings, so.” will receive very large refunds in the first quarter“, explained Bessent.
And then he concluded: “So I think we’ll see rebates between $100 billion and $150 billion, which could be between $1,000 and $2,000 per household.” Then they will adjust their withholdings and get a real raise“.
In a statement on December 10, the Ministry of Finance (USDTfor its acronym in English) accused several states of “blocking historic tax cuts for American workers.”. The agency assured that this was an act of “political obstructionism” to combat the “One Big Beautiful Bill” law.
“Liberal bastions like ColoradoNew York, Illinois and the District of Columbia They are deliberately preventing their residents from receiving these historic services at the state level. This partisan obstruction is a direct attack against these same families and workers,” the release said.
The Federal Portfolio explains that with this decision States impose higher state tax burdens on employees and withholding financial support from them.
Aside from that, The company emphasized that the tax cuts are aimed at:
“President Trump’s vision is clear: real relief for men and women Forgotten parts of the United States, security for businesses and a surge in growth,” the announcement concluded.
In an interview with CNBC took place on Monday, Kevin HassettDirector of the White House National Economic Council, also alluded to this the checks that certain workers will receive in 2026.
“Next year the average person won’t pay Steer about tips or overtime You’ll likely receive an additional $1,600 to $2,000“ explained Hassett, who set a higher base than Bessent mentioned.
Finally, he concluded: “Much of this amount will come in the form of tax refunds at the beginning of the year“.
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