A segment of the American population is closely monitoring the progress of an initiative that proposes distributing dividends in the form of stimulus checks backed by savings generated by the DOGE cryptocurrency.
The project, promoted by Azoria’s executive director, James Fishback, has yet to be formalized before Congress, which is a necessary step for eventual approval.
Fishback confirmed in an April 1 post on the social network X (formerly Twitter) that his team had 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 about 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 rift 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.
Political and economic uncertainty have prompted analysts to question the project’s viability. So far, no specific legislative text has been presented, and the timelines for its discussion are unclear.
Requirements and potential recipients of DOGE stimulus checks:
In contrast to the pandemic subsidies, Fishback’s proposal would limit DOGE stimulus checks to households with incomes above a certain threshold. 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 goes exclusively to households that are net federal income taxpayers,” Fishback explained. According to Pew Research Center data, approximately 40% of Americans do not pay federal taxes due to low income, effectively excluding them from this potential benefit.
According to reports, the dividend amount will be determined by DOGE’s savings, though exact figures have yet to be revealed. As long as the project does not advance in Congress, its implementation will be unknown.
