Residents of New York might be eligible for a $5,000 stimulus payment via a suggested ‘DOGE dividend,’ although precise details are still ambiguous. Former President Donald Trump introduced the concept of utilizing savings generated from Elon Musk’s Department of Government Efficiency (DOGE) to distribute refunds to taxpayers.
DOGE claims to have achieved a reduction of $55 billion in federal expenditure, though this number has not been verified. Unlike stimulus checks from the pandemic period, the DOGE dividend would solely be allocated to individuals with net income, thereby excluding those with lower incomes. Detractors argue that the initiative suffers from a lack of transparency and could favor wealthier citizens disproportionately.
Although Trump has yet to confirm the launch of the proposal, officials in New York are resisting DOGE’s stringent cost-cutting initiatives, which include layoffs and the closure of offices. Governor Kathy Hochul is actively working to recruit federal employees who have been displaced into state positions.
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