This legislation aims to provide direct refunds to taxpayers to compensate for increased consumer costs attributed to tariffs imposed by Presidential action under the International Emergency Economic Powers Act without explicit congressional authorization. Congress finds that these tariffs led to approximately $231.35 billion in consumer costs and asserts its responsibility to offer restitution, particularly for working families. The bill establishes a one-time direct payment for eligible tax returns, with the total amount capped at the estimated consumer cost. Payments are subject to an adjusted gross income limitation of $400,000 and vary based on filing status. An additional Child Bonus of $125 per qualified child is provided, funded by the savings generated from excluding high-income taxpayers, ensuring the total disbursements do not exceed the aggregate limit. The Secretary of the Treasury is tasked with automatically distributing these payments using available IRS information, offering options like direct deposit, paper checks, or prepaid debit cards, and establishing a simplified filing procedure for non-filers.