White House mulls over stimulus checks for taxpayers
President Trump is contemplating a new series of stimulus checks for taxpayers. This decision comes amid Elon Musk’s ongoing efforts to reduce federal expenditure through his DOGE campaign. The administration is reportedly looking at potential payments of up to $1,500.
With tax-filing season approaching, many Americans are hopeful about possible refunds and additional payments available to them.
Currently, a backlogged amount of $1,400 from a previous stimulus check is set to be distributed to a limited number of Americans this tax-filing season, and Elon Musk has suggested he is negotiating refund checks for taxpayers while reviewing federal spending.
At this time, there are no pending stimulus checks for the year 2025. Here are the key updates:
Economic impact payments
Background information:
During the COVID-19 pandemic, three rounds of economic impact payments were made to American households. In March 2021, eligible taxpayers received up to $1,400 per individual and $1,400 per qualifying child under the American Rescue Plan Act.
IRS stimulus check 2025
Recently, the IRS identified a small fraction of taxpayers who either did not claim the Recovery Rebate Credit or received an insufficient amount.
What’s next:
Approximately 1 million taxpayers will be receiving their unclaimed rebate checks from the IRS. These payments are specifically for those who did not claim the Recovery Rebate Credit on their 2021 tax filings.
Statistical overview:
The payments will be up to $1,400 and will be automatically deposited.
Trump refund checks
Background context:
Since assuming office, Donald Trump has prioritized the restructuring and reduction of federal spending.
The president has appointed entrepreneur Elon Musk to head the newly formed Department of Government Efficiency (DOGE), which focuses on identifying budget cuts.
What’s being discussed:
In a recent interview aired on FOX’s Sean Hannity show, Trump and Musk expressed their expectation of discovering $1 trillion in unnecessary federal spending that could be eliminated.
When queried on X about the possibility of refunding a portion of those savings to taxpayers, Musk stated he would confer with the president.
Source: Information presented in this article is derived from an FAQ on the IRS website regarding the 2021 Recovery Rebate Credit, insights from a FOX News interview on February 18, 2025, and a public tweet by Elon Musk. This report was compiled from Detroit.