A sector 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. The project, promoted by the executive director of Azoria, James Fishback, has not yet been formalized before Congress, an essential step for its eventual approval.
Fishback confirmed in an April 1 post on the social network X (formerly Twitter) that his team has held meetings with legislators. “I am confident that DOGE dividend checks will continue,” he stated. In addition, he defended that taxpayers deserve to benefit from these funds, considering that “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 could present significant obstacles. In the meantime, there is no defined timeline for the distribution of these payments, as the legislative process has not officially begun.
The discussion over stimulus checks in DOGE has generated speculation in Washington, especially around the possible influence of Elon Musk. During a rally in Wisconsin on March 30, the Tesla CEO avoided making a clear statement on the issue, although he acknowledged that any measure would depend on a vote in Congress and the president’s approval.
Previously, statements by President Donald Trump about Musk had fueled rumors about a possible rift between the businessman and the Republican administration. However, the White House denied these versions. Musk, for his part, has not confirmed his explicit support for Fishback’s proposal, despite the idea gaining popularity among his followers in February.
Political and economic uncertainty has led analysts to question the viability of the project. So far, no specific legislative text has been presented, and the deadlines for its discussion remain undefined.
Requirements and potential beneficiaries of DOGE stimulus checks recipients
Under Fishback’s proposal, stimulus checks in DOGE would be targeted exclusively to households with incomes above a specific threshold, unlike subsidies awarded during the pandemic. The executive argued that these resources should be allocated to net taxpayers, that is, those who pay more taxes than they receive in tax benefits.
“This goes exclusively to households that are net federal income taxpayers,” Fishback explained. According to data from the Pew Research Center, about 40% of Americans do not pay federal taxes due to their low income, which would exclude them from this possible benefit.
Reports indicate that the amount of the dividend would depend on the savings generated by DOGE, although exact figures have not been revealed. As long as the project does not advance in Congress, its implementation will remain an unknown.