Full funding
Tariff-funded share
Debt-financed remainder
Who pays for the tariff-funded check
Imports
goods at the border
Tariff receipts
collected into Treasury
Treasury debt
bond issuance
Treasury check funding
tariff-funded share
covers part of the check
importers & consumers pay
debt-financed remainder
uncovered shortfall
future taxpayers
+ bond market (interest)
tariff covers part · debt fills the remainder
Checks to adult citizens
per-adult payout