Related News

The Oura Ring 4 Courtesy: Oura Oura said Tuesday that it raised over $900 million in a new Series E funding round, bringing the company’s valuation to $11 billion. The

U.S. President Donald Trump gestures as he poses next to a sign before a family photo at a world leaders’ summit on ending the Gaza war, amid a U.S.-brokered prisoner-hostage

Prakash Singh | AFP | Getty Images Google will invest $10 billion into building new data centers in southern India, according to local officials, marking one of its largest investments

Starship test flight launch SpaceX conducted another test flight of its massive Starship rocket on Monday, successfully completing half a global journey while deploying mock satellites as in the previous

Quantum computing background concept. Blackdovfx | E+ | Getty Images The rally in quantum computing names continued on Monday after JPMorgan Chase announced it as one of the areas it

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chip stocks bounced on Monday, clawing back

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Trump’s $5,000 ‘DOGE dividend’ checks: Do you qualify for payout? What we know so far | World News

Word Count: 581 | Estimated Reading Time: 3 minutes


Trump’s $5,000 ‘DOGE dividend’ checks: Do you qualify for payout? What we know so far

Former President Donald Trump has floated a bold proposal—$5,000 stimulus checks for taxpayers, dubbed the “DOGE Dividend.” The idea, which surfaced during a recent speech, is linked to savings generated by Elon Musk’s Department of Government Efficiency (DOGE).
Trump’s plan: ‘We’re giving back’
During his speech, Trump emphasized the scale of savings achieved under DOGE. “The numbers are incredible, Elon. So many millions, billions—hundreds of billions,” Trump said. “And we’re thinking about giving 20% back to the American citizens, and 20% down to pay back our debt.”
The proposal gained traction after James Fishback, CEO of Azoria Investment Firm, suggested it on Musk’s social media platform, X. Fishback called for a “DOGE Dividend”—a tax refund check distributed from DOGE savings. Musk responded with, “Will check with the President.”
Who would be eligible?
While details remain unclear, reports indicate that eligibility would be limited. Unlike the pandemic-era stimulus checks, the DOGE Dividend would not be universally distributed. Instead, sources suggest it would be available only to net-income taxpayers—those who pay more in taxes than they receive in refunds. Lower-income Americans, who often benefit from tax credits, may not qualify.
Can DOGE deliver?
Originally designed to cut up to $2 trillion in wasteful spending annually, DOGE has reportedly saved $55 billion so far. Whether those savings translate into real checks remains to be seen.
Would you qualify for the DOGE Dividend? The White House has yet to confirm details, but with Musk’s backing and Trump’s interest, the proposal is gaining momentum.





Source link

Most Popular Articles