A segment of the American population is closely following the development of an initiative that proposes distributing dividends in the form of stimulus checks, backed by savings generated through the DOGE cryptocurrency. Azoria’s executive director, James Fishback, is promoting the project, but it has yet to be formalized before Congress, which is necessary for approval.
Fishback confirmed in an April 1 post on X (formerly Twitter) that his team met with legislators. “I am confident that DOGE dividend checks will continue,” the CEO said. In addition, he argued that taxpayers should benefit from these funds because “it was their money all along.”
Donald Trump or Elon Musk? Who depends on the approval of the DOGE stimulus checks?
However, the current economic climate and budget cuts at the Department of Government Efficiency may pose significant challenges. In the meantime, there is no set timeline for distributing these payments because the legislative process has not yet begun.
The debate over stimulus checks in DOGE has sparked speculation in Washington, particularly regarding the potential influence of Elon Musk. During a rally in Wisconsin on March 30, the Tesla CEO avoided making a definitive statement on the subject, though he did acknowledge that any measure would require a vote in Congress and the president’s approval.
Previously, President Donald Trump’s comments about Musk fueled speculation about a potential conflict between the businessman and the Republican administration. However, the White House denied these claims. Musk, for his part, has not expressed explicit support for Fishback’s proposal, despite the idea gaining popularity among his followers in February.
Analysts have raised concerns about the project’s viability due to political and economic uncertainties. So far, no specific legislative text has been presented, and the timelines for its discussion are unclear.
Requirements and potential beneficiaries of DOGE stimulus checks recipients
Fishback proposes targeting stimulus checks in DOGE to households with incomes above a specific threshold, unlike the pandemic subsidies.The executive argued that these resources should be allocated to net taxpayers, or those who pay more taxes than they receive in tax breaks.
“This only applies to households with net federal income taxpayers,” Fishback clarified. According to Pew Research Center data, approximately 40% of Americans do not pay federal taxes due to low income, potentially excluding them from receiving this benefit.
The dividend amount will be determined by DOGE’s savings, but exact figures are not yet available. As long as the project does not advance in Congress, its implementation will be unknown.
