In a recent speech, President Donald Trump proposed implementing an economic stimulus plan through the “DOGE dividend”: $5,000 checks funded by savings generated by the Department of Government Efficiency (DOGE), led by Elon Musk.
Azoria CEO James Fishback proposed an initiative to allocate 20% of funds to taxpayers and 20% to reduce the national debt. How can this plan be implemented, and who is eligible to receive a one-time check of up to $5,000 (based on calculations)?
Musk and Trump coordinate possible distribution of funds: DOGE saves billions from taxpayers
When Fishback proposed on the platform, Elon Musk responded by saying, “I’ll check with the president.”Trump stated in his speech that the “savings identified” by the DOGE would allow resources to be returned to citizens, but he did not provide specific deadlines or execution mechanisms.
According to the Treasury Department, the federal debt grew by $1.4 trillion in the previous fiscal year, raising the debt-to-GDP ratio by two percentage points. Trump emphasized the need for measures like the “DOGE dividend” to prevent inflation by avoiding deficits, unlike the 2020-2021 pandemic checks, according to Fishback.
Am I eligible to receive $5,000 DOGE dividend?
President Trump and Elon Musk have yet to clarify how the stimulus checks will be distributed to millions of American households. Some may already plan to invest the funds in debt repayment, home improvements, vacations, or a new car.
The proposal aims to send checks only to households with incomes above a certain threshold who are “net taxpayers.”This would exclude recipients of previous aid, concentrating the stimulus on the upper middle class.
“They would have a greater propensity to save, not immediate spending,” argued the executive, contrasting it with the “indiscriminate” payments made during the pandemic.
Experts question the DOGE’s transparency and the feasibility of reallocating $2 billion in savings annually to fund the dividend, which is the entity’s stated goal.
In addition, the Trump administration is facing a lawsuit for requesting data on undocumented immigrants from the New York Department of Motor Vehicles, a move linked to its fiscal tightening agenda.
The DOGE, established in 2023 as a Temporary DOGE Service Organization, seeks to reduce public spending and improve government technology. Musk, a “special government employee,” is leading massive layoffs and reductions at agencies including USAID, Education, and NIH. The entity claims to have saved $55 billion, but lacks external audits to verify the figure.
The Treasury has yet to confirm technical support for the plan, which is subject to complex legislative and budgetary processes. If this support becomes available soon, we will provide more information so you can begin processing your DOGE dividend if you qualify.
