Many Americans are once again talking about stimulus checks—and this time, two very influential names are part of the conversation: former President Donald Trump and Tesla CEO Elon Musk.
Both recently shared their thoughts on government handouts and economic relief, making people wonder: Are new stimulus checks coming soon?
Let’s break down what they said, why it matters, and what you should really expect in the coming months.
What Did Donald Trump Say?
During a recent campaign event, Donald Trump hinted at possible direct payments if he wins the 2024 election. While he didn’t confirm a new stimulus check program, he did talk about helping families and rebuilding the economy with more “direct financial support.”
He said, “Americans are still suffering. When I return, we’re going to fix this with bold action. That includes putting money back in the pockets of our people.”
Though no clear plan has been shared yet, his remarks have sparked hope among those who are still struggling financially after inflation and job losses.
And What Did Elon Musk Say?
On the other hand, Elon Musk recently responded to a social media post asking if Americans should receive more stimulus money. Musk replied, “The government printing money doesn’t make things better. It makes inflation worse.”
He’s made similar comments before, especially in 2021 and 2022 when the U.S. was sending out several rounds of stimulus payments. Musk believes the government should focus more on job creation and innovation than on giving out free money.
His take is important because he has a massive following and regularly comments on government and economic issues. Many people agree with him, while others believe direct payments are still necessary for low-income families.
So, Are More Stimulus Checks Coming?
At the moment, there is no official confirmation of a new nationwide stimulus check program like the ones rolled out in 2020 and 2021. Those payments—up to $1,200, $600, and $1,400—were authorized by Congress in response to the COVID-19 pandemic.
Now in 2025, the situation is different. The economy is recovering, but not everyone feels the benefit. Rent is still high. Grocery prices haven’t dropped much. And many workers are living paycheck to paycheck.
According to the U.S. Bureau of Labor Statistics, inflation has come down from its 2022 peak, but wage growth hasn’t caught up fully. That’s why people are still hoping for more direct support.
States Are Still Sending Stimulus-Type Payments
Even though the federal government isn’t sending stimulus checks right now, some U.S. states are giving out their relief payments.
Here are a few examples:
- California sent out inflation relief checks of up to $1,050 in 2022 and early 2023. While there are no new programs announced yet, lawmakers have discussed another round in 2025.
- Alaska continues to issue its Permanent Fund Dividend (PFD), which was over $1,300 in 2024 and may be higher in 2025.
- New Mexico and Maine also offered one-time payments in 2023 to help residents with rising costs.
These payments are often called “state-level stimulus,” even though they’re not always labeled that way.
What Can We Expect in 2025?
Right now, it’s hard to say whether there will be more federal stimulus checks. Here are a few things to keep in mind:
- The 2024 Presidential Election Will Influence Policies
If Trump returns to office, and Republicans control Congress, they may introduce tax cuts or targeted relief programs. But full-scale stimulus checks would require significant budget approval. - Economic Data Will Drive Decisions
If inflation spikes again or if a recession hits, Congress may have no choice but to offer support—especially for low-income workers and the unemployed. - Public Pressure Could Lead to Action
If Americans continue facing economic hardship and push their lawmakers, we may see new relief proposals, especially in an election year.
What Should You Do Now?
While it’s uncertain if new checks are coming, here are a few steps you can take:
- Check Your State’s Relief Programs: Visit your state government website to see if there are ongoing rebate, tax credit, or stimulus-style programs.
- File Your Taxes: Make sure your latest tax return is submitted. Many relief programs use your tax info to determine eligibility.
- Sign Up for Updates from IRS.gov: Visit https://www.irs.gov/ and subscribe for alerts on tax credits, payments, and refunds.
- Track the 2025 Child Tax Credit: If expanded, it may offer monthly payments like in 2021. Stay informed through Congress.gov.
Final Thoughts
Stimulus checks may not be back yet, but the idea hasn’t disappeared completely. Political leaders like Donald Trump are bringing the topic back into the spotlight, while influential figures like Elon Musk are voicing the other side.
Americans are paying attention—and so are lawmakers. Whether or not checks are issued again will depend on many things: politics, the economy, and public demand.
Until then, stay updated, stay cautious, and make smart financial moves wherever possible.