Azoria CEO James Fishback expressed excitement about the possibility of implementing a $5,000 dividend cheque for US taxpayers. In an interview, Chris Cuomo stated that he spoke with politicians at the Capitol and received “overwhelmingly positive support” for his proposal. “I think it will happen,” he stated, citing support from Donald Trump and Elon Musk.
The project intends to return to residents a portion of the savings realised by Musk’s Department of Government Efficiency (DOGE). Fishback contends that because taxes account for 70% of state spending, it is appropriate to compensate taxpayers when incidents of “waste or misuse of funds” are identified. According to its initial plan, the program would not result in a deficit.
What is DOGE doing to provide you with $5,000 stimulus checks?
During a rally in Wisconsin, Musk tied the stimulus package to government spending efficiency: “If we reduce waste, there will be resources to give back.” Kevin Hassett, former head of the National Economic Council, also supported the plan. Fishback stated that the strategy avoids transferring funds to “cover bills with Beijing,” putting local taxpayers first.
Regarding feasibility, Fishback emphasised that DOGE’s reported savings of $130 billion through March would allow the dividend to be funded. Musk tweeted, “I will consult with the president.” Trump, for his part, stated in February that he would consider the concept, but he has not provided any further updates.
The proposal differs from the COVID checks, which increased the debt. Fishback underlined that the rebate would only apply to “tax-paying property owners,” excluding inflationary mechanisms. However, some dispute the possibility of saving $1 trillion, the DOGE’s aim for reducing the deficit.
Despite Fishback’s claim to have “unique information” from his encounters at the Capitol, Congress has not adopted explicit resolutions. The proposal requires parliamentary approval, and Trump has not provided specific deadlines or eligibility requirements. In his interview with FOX News, Musk emphasised DOGE’s tremendous development while admitting that “there is still a lot of work to be done.”
Despite the various declarations and variations, nothing specific is known except that the cheques will be distributed for $5,000 to each qualifying home. Fishback says that payments will be consolidated after the estimated savings for DOGE are met, although it is unclear why that sum was chosen; nonetheless, the actual amount may alter if Congress and the White House reach an agreement.
How will the Department of Government Efficiency (DOGE) decide which savings are distributed?
DOGE, led by Elon Musk, is attempting to discover and remove unnecessary government spending, with the goal of saving up to $2 trillion annually.
After the savings are realised, 20% will be returned to taxpayers as a “DOGE dividend” cheque. An additional 20% will be utilised to reduce the national debt.
The dividend checks would only be delivered to households that are net federal income taxpayers, most likely those with earnings greater than $40,000. Lower-income households that pay no net federal income tax do not qualify.
Congress would eventually have to approve any scheme to use DOGE savings to distribute stimulus funds to taxpayers. While there is some support for the plan, Republican lawmakers have expressed concerns about increasing the budget and inflation.
If passed, the idea would send 5,000 checks to each eligible home once DOGE expires in July 2026. This figure is based on an estimated 2 trillion in total DOGE savings.