A suggested DOGE dividend—a $5,000 stimulus check funded by reductions in federal spending—has ignited discussions following former President Trump’s endorsement of the concept. The initiative, initially proposed by Azoria CEO James Fishback, aims to allocate savings from Elon Musk’s Department of Government Efficiency (DOGE) to American taxpayers. However, details about the plan are still vague.
This proposed refund would focus on households that pay taxes, omitting low-income Americans who receive more in benefits than they contribute in taxes. Proponents claim it wouldn’t contribute to inflation, unlike previous stimulus checks, but no formal policy has been established yet.
Leaders in New York, such as Sen. Chuck Schumer and Gov. Kathy Hochul, are challenging the agency cuts associated with DOGE. Hochul has initiated a state hiring program to mitigate the impact of federal layoffs, highlighting support for public service employees.