Personal Finance

$5000 DOGE Stimulus Checks: What is the Recent Update for May 2025?

A proposed $5,000 stimulus check for U.S. households is making headlines, but it hasn’t been approved yet. The payout depends on massive federal savings and Congress passing the plan.

$5000 DOGE Stimulus Checks: Many people across the US are wondering if a new $5,000 stimulus check for households is coming soon. This idea has been catching a lot of attention online and in Washington, but it’s not official yet. Some are calling it the “DOGE stimulus check” or “DOGE dividend,” but for now, it’s still just a plan.

This whole idea came from James Fishback, who is the CEO of Azoria Investment. He believes taxpayers should get 20% back from the money saved by a group called the Department of Government Efficiency Agency, or DOGE. This agency is trying to cut down wasteful government spending.

Elon Musk is leading DOGE right now, and the savings goal is $2 trillion. If that happens, Fishback says each household could get a $5,000 refund. He said, “It’s their money in the first place.” Right now, there are about 78 million taxpaying households in the country who could benefit from this plan.

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Trump Supports the Idea

Former President Donald Trump also liked the plan and called it “significant.” He said it makes sense to return money to the people when waste and fraud are removed from government programs. But just because some people support it doesn’t mean it’s a sure thing.

For this $5,000 check to happen, Congress has to approve it. And there’s another catch. The payment depends on how much money DOGE saves. So far, DOGE has only saved about $160 billion. That would mean a much smaller payment just around $993 per household not the full $5,000. So there’s still a big gap before they reach the $2 trillion goal.

Even with that gap, Fishback says he’s still hopeful. He recently told Chris Cuomo in an interview, “Yes, I really think this is going to happen. I’ve been on Capitol Hill the last two weeks meeting with members of the House and Senate. I’m very optimistic.”

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Payments Would Only Go to Certain Households

This plan would only give money to households that pay more in taxes than they receive in benefits. Also, each check would go to a household, not to each person. So if this ever becomes real, it would help working families the most.

There’s also talk about what happens if Elon Musk steps down from DOGE at the end of May. But experts like Andrew Lokenauth told Yahoo! Finance that most ideas like this keep moving even when government leaders change. He pointed out that about 75% of these kinds of proposals still continue after leadership changes.

Right now, no one knows when or if these payments will really happen. But people are remembering the COVID-19 stimulus checks, which came in three rounds: $1,200 in March 2020, $600 in December 2020, and $1,400 in March 2021. That gives some hope that new payments could happen again.

Farheen Ashraf

Farheen Ashraf is a History graduate. She writes on a variety of topics, including business, entertainment, laws, poetry, stories, travel, and more. Her passion for writing has led her to explore a variety of genres.

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