Could $5,000 DOGE stimulus checks happen? Here’s what we know.
The notion of $5,000 stimulus checks influenced by Trump’s initiative to curtail federal spending has been mentioned, but will it materialize?
Discussions are ongoing among Americans and legislators regarding the potential issuance of a stimulus check in 2025.
The idea for a stimulus check emerged on Twitter, proposing the use of DOGE savings for funding. Elon Musk indicated he would engage with President Donald Trump on this topic. Trump has publicly commented on the idea, mentioning that he and his advisors are contemplating the allocation of 20% of savings towards debt repayment and another 20% directed to American citizens.
However, don’t hold your breath for that check just yet. Here’s the latest information regarding the DOGE stimulus checks, what the public is saying, potential mailing dates, and what DOGE represents in governmental terms.
Is DOGE providing financial returns?
There has been considerable talk about issuing a stimulus check to American households, utilizing federal funds that DOGE has released by reducing jobs.
Nevertheless, don’t expect a direct deposit or a check in your mailbox anytime soon. The DOGE stimulus check remains a topic of discussion.
The authority to disburse a check does not solely lie with Trump; Congress must also approve the proposal before the federal government can issue any form of stimulus payment. Thus, at present, no checks are authorized, and no payment timeline exists.
Congressional reactions to the concept vary widely. While some lawmakers have expressed their support for the idea, others are advocating for debt reduction or wish to see a more detailed proposal before providing their verdict.
Moreover, to make the stimulus check viable, the department would need to save $2 trillion, a goal that Elon Musk has suggested may be unrealistic. If it does occur, the process could take longer than anticipated.
Recent updates on DOGE stimulus checks
A recent survey conducted by J.L. Partners indicates a wide-ranging support for a DOGE dividend, with 67% of participants in favor of the stimulus.
The survey, which took place on February 24-25, involved 1,001 registered voters expressing their opinions regarding the dividend.
Among the respondents, 46% expressed strong support for a DOGE dividend, while 21% showed moderate support. On the other hand, only 12% of respondents indicated that they somewhat or strongly disapprove of the initiative.
The survey additionally revealed that nearly half of all respondents, irrespective of their job or income levels, would feel more positively towards Trump if they received a stimulus check and would be more inclined to vote for a Republican Congressional candidate. Generally, Americans expressed feelings of “happiness,” “relief,” “excitement,” and “gratitude” upon the prospect of receiving a check.
Cybersecurity expert Miguel Fornés of Surfshark cautioned citizens that discussions around dividends may entice scammers to mimic government officials or exploit the news to deceive individuals.
“It’s crucial now more than ever for people to exercise caution and secure their personal information against potential cybercrimes. News of new government initiatives and the DOGE dividend check could entice malicious actors to impersonate the government. Imagine living paycheck to paycheck and receiving an email regarding a potential DOGE dividend payment—such news could be really difficult to resist,” Fornés stated in a press release.
What does DOGE mean? What is its significance in politics?
DOGE, representing the Department of Government Efficiency, primarily focuses on identifying ways to reduce spending and regulations. The name also references a cryptocurrency known as dogecoin.
Musk was appointed head of the organization by Trump shortly after the election victory. Trump formalized the department through an executive action on his inaugural day.
Recent court filings have raised questions about Musk’s position with DOGE, suggesting that Musk holds the title of “senior advisor to the president” rather than the head of DOGE. The filings also indicated that the department is distinctly separate from the White House.
On Tuesday, the White House announced that Amy Gleason, a former official at the U.S. Digital Service, has taken up the role of acting DOGE administrator.
How much has DOGE saved?
As of March 2, it is reported that DOGE has saved $105 billion through various measures including fraud detection/elimination, termination of contracts/leases, renegotiations of contracts/leases, asset sales, grant cancellations, workforce reductions, program modifications, and regulatory savings.
This equates to approximately $652.17 per taxpayer, according to the website.
The DOGE website asserts that it publishes evidence of its budget-cutting achievements, although most entries listed are contracts that have been terminated across different federal agencies and departments.
