Could $5,000 DOGE stimulus checks occur? Here’s what we know.
$5,000 stimulus checks stemming from the Trump administration’s efforts to curb federal expenditure have been suggested, but will this actually materialize?
- President Trump has not provided any specifics on a potential ‘DOGE dividend’ or its viability.
- There is substantial interest surrounding the idea of DOGE dividend checks for taxpayers.
- Some reports indicate that the proposed check would be issued only to individuals who pay more taxes than they receive back.
This concept is still in circulation, leading many to search online for information about a DOGE dividend or stimulus check.
However, will the savings being calculated by Elon Musk’s Department of Governmental Efficiency actually convert into monetary benefits for American taxpayers?
If so, would everyone receive funds, or only specific individuals?
Here’s the most recent update on the situation.
Who proposed the idea of a ‘DOGE dividend’ for taxpayers?
Stimulus payments derived from DOGE savings were discussed by Azoria investment firm CEO James Fishback, who advocated on X for Musk to implement a stimulus check based on the asserted savings associated with DOGE in February.
In a recent interview with NewsNation, Fishback expressed optimism that a bill would be forthcoming to solidify President Trump’s vision for DOGE. He emphasized, “It is not enough to simply identify waste, fraud, and abuse. We must ensure that taxpayers are refunded their hard-earned money when it has been mismanaged and wasted, and that is the essence of the DOGE dividend.”
Musk responded to Fishback’s post from February, stating he would “consult with the President.”
What has President Trump said regarding potential $5,000 stimulus checks?
President Donald Trump has mentioned that he would contemplate the proposal of issuing $5,000 stimulus checks to taxpayers as a ‘DOGE dividend’ during a recent address at the Saudi-sponsored FII PRIORITY Summit in Miami.
He explained that the idea involves reallocating 20% of the savings identified by Musk’s Department of Governmental Efficiency back to American taxpayers.
“The figures are astounding, Elon. Billions and billions—hundreds of billions,” Trump remarked in his speech. “We are considering giving 20% back to American citizens, and 20% towards repaying our national debt.”
However, Trump has yet to provide any concrete details about a potential “DOGE dividend” or its likelihood.
Any form of stimulus payments made by the U.S. government would require Congressional approval.
Could a DOGE dividend be available to every taxpayer?
Fishback’s proposal outlines the “DOGE dividend” as a refund specifically for “tax-paying households.”
“I’m honored to have the president’s backing, but the plan is straightforward,” Fishback stated. “DOGE will generate substantial savings over the next few years. Let’s take 20% of that and return it to the hardworking taxpayers who contributed it to Washington in the first place.”
Who would be eligible for a DOGE dividend?
The proposed refund would be allocated only to households classified as net-income taxpayers—meaning those who pay more in taxes than they receive back. Reports indicate that lower-income Americans may not qualify for this refund, with the Pew Research Center noting that most Americans with an adjusted gross income under $40,000 effectively pay no federal income tax.
The DOGE refund check would be issued per household, not to each individual taxpayer, including those receiving Social Security benefits who meet the necessary income tax criteria.
Latest estimated savings reported by DOGE
As of March 19, 2025, DOGE has announced that it has identified $115 billion in savings, which includes a mix of asset sales, contract cancellations, fraud elimination, grant cancellations, interest savings, program adjustments, regulatory savings, and workforce reductions.
This translates to an estimated savings of $714.29 per taxpayer, according to the agency’s report.