Trump’s announcement of distributing DOGE dividend Check worth $5,000 has become quite a point of discussion among the masses. The idea of distributing money saved because of the Department of Government Efficiency is highly ambitious. If you are someone who’s awaiting the DOGE dividend check and wondering how to qualify for it, this article is for you. It brings all the important details you must know about the DOGE dividend check and how to qualify for them. The following article also includes a brief outlook on whether distributing these checks is feasible or not.
DOGE Dividend Check: How Did The Idea Of Distributing These Checks Originate?
James Fishback who is the co-founder of Azoria Partners took over his X account and proposed the idea of these Check on the 14th of February 2025. He suggested in his post that 20% of the money DOGE has saved should go to taxpayers. He addressed Elon directly and asked him to do this so that the government could rebuild people’s trust in them. Elon Musk is one of the most important figures in the whole DOGE initiative. He replied to the post with an assurance of discussing the proposal with President Trump.
What Trump Said In His Announcement?
Trump recently appeared at the FII PRIORITY Summit and spoke about the DOGE dividend check in his address. He confirmed his administration is considering the distribution of 20% of DOGE savings to the American taxpayers. Trump also added that a further 20% of the savings will come into use in paying the country’s debt. He also mentioned how the numbers are actually incredible and hundreds of billions are saved. Trump did not say anything further about the possibility as well as the certainty of the DOGE dividend check distribution.
How To Qualify For The DOGE Dividend Check?
In case the plan of distributing DOGE dividend check actually materializes, the process will reportedly be similar to that of COVID-19 stimulus check. No certain details are confirmed as of yet. However, in case the process is similar to that of COVID-19 stimulus checks, the following individuals will receive the check.
- The individuals who have already filed their tax returns in the previous two years.
- Those who have received Social Security or veteran benefits.
- People who have met the income eligibility requirements.
Also read: Why Is Tesla Stock Price Dropping – Will it Recover?
What Do The Experts Have To Say About DOGE Dividend?
Economists monitoring the financial landscape of the United States of America have expressed major concerns about this. According to the experts, the plan might seem politically appealing but is not practically feasible. Judge Glock who is the co-founder of Manhattan Institute warned about an increase in inflation. On the other hand, Jay Zagorsky who is a professor at Boston University also mentioned how the plan contradicts Trump’s tariff policy. Elaine Kamarck who is a senior at the Brookings Institution also dismissed the plan calling it ridiculous.
Is The $2 Trillion Goal Achievable For DOGE?
DOGE will have to save around $2 trillion to go ahead with the plan of distributing DOGE dividend check worth $5,000. According to the experts, it is highly unlikely for DOGE to achieve this goal. DOGE recently claimed to save a total of $55 billion. However, it was later revealed the department made an error in accounting. It accidentally listed a $8 million contract cancellation as a $8 billion saving. The figures which were organized portrayed as $55 billion reportedly fell close to $16.5 billion. If the department continues at this pace, the $2 trillion savings goal seems impossible. Mike Johnson, the House Speaker, also expressed skepticism. He stated that the federal deficit should hold more priority over stimulus checks.
