An analysis released on Monday reveals that President Donald Trump’s proposed tariff rebate checks could potentially cost twice as much as the revenue generated by his import taxes. This finding raises questions about the financial feasibility of the initiative.

President Trump has suggested issuing checks of “at least $2,000” to every American falling below a specific income level. The plan is to fund these payments with the money collected from U.S. importers under Trump’s tariff policies.

However, according to the Committee for a Responsible Federal Budget (CRFB), these proposed rebate checks could end up costing significantly more than the income expected from the tariffs. The committee’s analysis points to a financial shortfall if the plan proceeds as suggested.