The prospect that some of the savings made by the Trump administration’s Department of Government Efficiency (DOGE), led by Elon Musk, may be disbursed to the American people as a dividend or stimulus has grown in popularity in recent days.
Elon Musk’s plan and initial actions
Donald Trump came up with the idea for DOGE during his campaign, and it was implemented after the former president took the White House Oval Office for a second term.
With the sole intention of “slimming down” the federal bureaucracy through cuts that would result in significant savings for the Trump administration, he promptly named fellow billionaire Elon Musk as its head.
In the midst of a plan that publicly handles the stratospheric figure of 2 trillion dollars in savings, the cuts were not long in coming, and the math started to pay off.
As a result, there were voices who suggested making these resources available to the general people right away.
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Among them was James Fishback, the CEO of Azoria and an economist, who posted a statement on his X account that had a huge impact:
“American taxpayers deserve a ‘DOGE dividend’: 20% of the money DOGE saves should be sent back to hard-working Americans as a tax refund check (…) With $2 trillion in DOGE savings and 78 million tax-paying households, this is a $5,000 refund per household, and the rest is used to pay down the national debt. @ElonMusk, let’s do it! This is how we rebuild trust in our government.”
A ‘optimistic’ media tour is under underway for James Fishback.
According to reports, Fishback has already spoken with politicians and Musk. In fact, he stated in an interview with the New York Post that a measure pertaining to a “DOGE check” would be submitted shortly.
Although some people do not believe Fishback’s assertions, they have been taken up and magnified by numerous media channels.
79 million American households would receive a $5,000 check as part of this stimulus, which has been questioned for its economic impact on inflation and the national debt.
This check would come from the 20% of the $2 trillion that DOGE believes will be saved by cutting bureaucracy.
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When would it be possible to approve the DOGE dividend?
In actuality, there is no imminent deadline for the DOGE dividend to materialize because there is no pressing need to enact legislation to make it possible.
Actually, July 2026 is a key date in DOGE’s plan for taking stock.
Furthermore, the proposed plan still needs to pass both the Senate and the House of Representatives, which means there will likely be a lot of opposition and difficulties along with lengthy talks.
In conclusion, there is currently no sign that Americans will get a cheque for their DOGE savings.
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