Trump to Send $1,776 Checks to 1.45 Million Troops in Pre-Christmas 'Warrior Dividend'

Trump to Send $1,776 Checks to 1.45 Million Troops in Pre-Christmas 'Warrior Dividend'
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President Donald Trump announced Wednesday that 1.45 million U.S. military service members will each receive a $1,776 payment as part of a "warrior dividend" initiative tied to tariff revenues. 

The one-time bonuses will arrive before Christmas, with Trump stating the checks are already on the way. 

He made the declaration during an 18-minute televised address from the White House, linking the amount to the year of the nation's founding. 

"1,450,000 military service members will receive a special, we call, warrior dividend before Christmas. A warrior dividend. In honor of our nation’s founding in 1776, we are sending every soldier $1,776,” Trump said during his televised address to the nation. “And the checks are already on the way." 

The total cost of the payments stands at about $2.5 billion, drawn from over $200 billion in tariff revenue collected this year by the administration. 

Trump connected the funding to those tariffs and to a defense bill passed earlier in the day by the Senate, which provides a 3.8% pay raise for troops and awaits his signature. 

"We made a lot more money than anybody thought because of tariffs, and the bill helped us along. Nobody deserves it more than our military, and I say congratulations to everybody," Trump said.