Latest Updates on the Dividend

Many Americans concerned about financial matters have been closely monitoring the possibility of DOGE dividends becoming a reality.

James Fishback, CEO of Azoria, the originator of the dividend concept, stated that he and his team are collaborating with lawmakers to present a proposal for stimulus checks in Congress, marking the initial step of the process.

Additional challenges exist for the proposal, including the current economic situation in the United States and the need to save funds through cuts by the Department of Government Efficiency.

Here is the latest update regarding DOGE stimulus checks, including eligibility for payments and the potential timeline for sending out dividends.

DOGE stimulus check update

Currently, there are no significant updates concerning the DOGE stimulus check. A formal proposal has not yet been submitted in Congress, which is a necessary step to move forward. Nevertheless, the CEO behind this initiative has mentioned ongoing efforts.

James Fishback expressed confidence in an April 1 post on X, formerly known as Twitter, saying, “My team and I have met with dozens of Members of Congress in the past month. I am confident that DOGE Dividend checks will happen.”

“Taxpayers who work hard deserve to benefit from DOGE’s savings. It was always *their* money.”

There has been considerable speculation in Washington, D.C., regarding Elon Musk’s potential role in the Trump administration. This conversation was partly sparked by Trump suggesting that Musk should return to overseeing his businesses. Speculations about Musk being pushed out surfaced, but the White House later denied those claims.

Musk appeared to deflect queries regarding the DOGE stimulus checks — a concept that gained popularity among supporters in February — during a March 30 rally in Wisconsin. He acknowledged that any stimulus deriving from DOGE’s questionable savings would require congressional approval.

“Ultimately, it’s somewhat up to Congress and possibly the president regarding whether specific checks are issued,” Musk commented.

When will DOGE stimulus checks be sent?

The stimulus checks drawn from DOGE savings have yet to receive formal approval from Congress.

No checks will be distributed until Congress passes a bill authorizing the dividends, which, as Fishback mentioned, is currently in progress. There is no existing timeline for when payments could occur.

Who would be eligible for stimulus check payments?

Fishback’s proposal suggests that dividends would be directed only to households above a certain income threshold, contrasting with the pandemic-era checks that were issued “indiscriminately.”

“Many low-income households essentially received transfer payments amounting to 25% to 30% of their annual income,” Fishback stated regarding the pandemic stimulus checks, elaborating, “This will exclusively benefit households that are net-payers of federal income tax, which implies they have a lower tendency to spend and a higher likelihood of saving a transfer payment like the DOGE dividend.”

The potential refund would be sent solely to households classified as net-income taxpayers—individuals who pay more in taxes than they receive back—with lower-income Americans not qualifying for the payment, according to news reports. The Pew Research Center indicates that most individuals with an adjusted gross income under $40,000 do not pay federal income tax.