A potential DOGE stimulus check, which could offer $5,000 to eligible households, has become a hot topic following President Donald Trump's recent remarks. The idea, initially proposed by investment firm CEO James Fishback, suggests distributing 20% of the savings generated by the Department of Government Efficiency (DOGE) to American citizens. However, there are significant hurdles to overcome before this becomes a reality. Currently, there is no formal plan in place, and any stimulus payment would require Congressional approval, making immediate payouts unlikely. The concept of the DOGE check differs from previous pandemic stimulus payments, focusing on tax-paying households and aiming to avoid inflationary pressures. Additionally, individuals who missed out on the previous $1,400 stimulus checks may still have a chance to claim them by filing their 2021 tax returns. As discussions continue, it remains to be seen whether the DOGE stimulus check will materialize.
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