President Donald Trump’s “Warrior Dividend” bonus for service members, which he suggested would be funded by tariff revenue, is actually a one-time basic allowance for housing stipend already approved by Congress, according to a senior administration official.

The “Warrior Dividend” that President Donald Trump announced Wednesday is not a Christmas bonus made possible by tariff revenues, as the president appeared to suggest during his televised address to the nation.

In a speech Wednesday evening, President Donald Trump touted $1,766 "warrior dividend" checks that would be sent out to the troops for the holidays and claimed the funds were from tariffs. That was inaccurate.

IRS releases health savings account expansion details under President Donald Trump's "big beautiful bill." What it means for ACA health plan enrollees.

The impact estimate of Trump’s “One Big Beautiful Bill” on fiscal years 2026 and 2027 comes as Beacon Hill lawmakers try to forecast how much tax revenue they’ll have for next year’s budget

"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," Trump said, speaking from the Diplomatic Room of the White House. "Nobody deserves it more than our military."

The senior administration official told Defense One in an emailed statement late Wednesday evening that Defense Secretary Pete Hegseth directed the Pentagon to “disburse $2.6 billion as a one-time basic allowance for housing supplement” to all eligible service members ranks 0-6 and below.

If you plan to donate money on Giving Tuesday, here's how President Donald Trump's "big beautiful bill" could affect your tax deduction.

Treasury Secretary Scott Bessent slams Democrat-led states for blocking Trump's tax relief legislation, calling it "political obstructionism."

Twenty states sued the Trump administration after it issued guidance changing SNAP benefits for refugees and asylum-seekers.

President Donald Trump's sweeping new tax and spending package, branded the "Big, Beautiful Bill," has turned what was once a mutually useful relationship with Elon Musk into a high-stakes political and financial confrontation.