Bessent predicts U.S. households will receive $1,000 to $2,000 Q1 tax refunds
Scott Bessent · Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026 · Dec 22, 2025 · at 52:21
U.S. Treasury Secretary Scott Bessent details the short-term consumer cash flow effects of the newly passed tax bill's retroactive provisions.
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“And I can see that we're going to have a gigantic refund year in the first quarter because no one chains their working Americans did not change their withholding. So I think households could see depending on the number of workers, 1002 thousand dollar refunds, they will change their withholding schedule at the beginning of the year, and they will get an automatic increase in real wages.”
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