James Fishback, CEO of Azoria, stated in a recent interview with Chris Cuomo that the “DOGE dividend” stimlus check could materialize very soon, and this is a potential payment that has kept millions of potentially eligible Americans in suspense.
“Yes, I really think it will happen,” he declared, mentioning recent meetings with lawmakers. According to Fishback, the proposal has received bipartisan support in Congress and has the endorsement of figures such as Donald Trump, Elon Musk and Kevin Hassett.
The “DOGE dividend” and the support it would have in the government and Congress
The executive linked the possible reimbursement to the reduction of inefficient expenses. “70% of government spending comes from taxpayers,” he said. Fishback argued that, in correcting poor tax practices, some of the savings should go to citizens. Regarding criticism of prioritizing debts, he questioned: “Return it to taxpayers or send it to Beijing?”
Elon Musk, at a rally in Wisconsin, linked the DOGE dividend to budget efficiency. “If public spending is reduced, the inflation tax decreases,” he declared. Although he did not confirm deadlines, Musk emphasized progress in savings through his Department of Government Efficiency (DOGE), which reported $130 billion cut through March.
Trump backed the idea in February, suggesting repaying 20% of DOGE savings. Fishback originally proposed the dividend on X, Musk’s platform, who responded: “I’ll check with the president.” So far, no operational details or exact eligibility criteria have been revealed.
Will these stimulus checks cause inflation?
Fishback stressed that the DOGE dividend would not be inflationary, being financed only by savings, not debt. In his four-page proposal, he contrasted the plan with COVID-19 checks, which were distributed “indiscriminately.” The new scheme would exclude low-income households that are not net contributors to the federal treasury.
The millionaire also explained that the stimuli that have been delivered in the past were equivalent to 25%-30% of annual income in cases, while the DOGE dividend would prioritize those who “send money to Washington” through taxes.
Fishback’s paper clarifies terminologies: a dividend distributes profits to shareholders; a refund compensates for previous payments. Stimulus checks, on the other hand, seek to encourage consumption. The “DOGE dividend” would fall into the second type, without increasing public debt.
The CEO reiterated that the plan depends on the savings accumulated by DOGE in the next two years. “We’ll take 20% of that and give it back,” he said. Despite the optimism, neither the White House nor Congress have presented concrete bills. Trump has not updated his position since February.
Are there clearer definitions on these stimulus check potentials?
DOGE dividend payout is not confirmed and remains a proposal. Although its creator claims that there is “progress” in Congress, and that it has the support of Trump and Musk, for now it has not become a fact. Recent research suggests that it could be implemented, but it faces economic challenges and more studies are lacking to confirm that the government does not incur debt.
The idea faces concerns about inflation and economic viability Fishback argues that households would save or pay off debt, but others, such as Aaron Razon of CouponSnake, and Joseph Camberato of National Business Capital, warn that it could increase spending, raise prices and affect distribution chains, similar to the COVID-19 stimuli. Additionally, the current federal deficit, increasing by 5% in February 2025 according to the Congressional Budget Office (CBO).