DOGE Stimulus Checks Update: Proposal Suffers Potential Blow

[BumRushDaShow]

Source: Newsweek

Published Mar 12, 2025 at 11:42 AM EDT | Updated Mar 12, 2025 at 11:43 AM EDT


The proposal to issue $5,000 "DOGE dividend" stimulus checks to American taxpayers has encountered a potential setback, as recent fiscal reports indicate that the anticipated savings from the Department of Government Efficiency (DOGE) have not materialized. Newsweek reached out to DOGE via social media for comment.

Why It Matters

This initiative, endorsed by President Donald Trump and his billionaire backer Elon Musk, aims to give taxpayers a share of government savings. Supporters claim this could rebuild trust between taxpayers and the government, while opponents caution that it may lead to economic challenges, such as inflation and increased national debt.

What To Know

The Congressional Budget Office (CBO) reported a 5 percent increase in the federal deficit for February, with outlays growing by 7 percent compared to the same period last year.

The DOGE stimulus initiative, championed by investment firm CEO James Fishback, proposes allocating 20 percent of the department's savings to taxpayers and another 20 percent to national debt reduction. The plan suggests that DOGE could save $2 trillion over 18 months, enabling the distribution of $400 billion among approximately 79 million taxpayers, resulting in checks of $5,000 each.

Read more: https://www.newsweek.com/doge-stimulus-checks-suffers-blow-2043548

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A dozen years ago, even the "architect" of "trickle down" admitted that it doesn't work.

[Irish_Dem]

1. How do you fire most of the federal workforce and not save some money?

Where are the salaries going that used to be paid to workers?

[drray23]

2. Because of several reasons

First off, the federal workforce salaries only represents 4 % of the entire budget. So, even if you fire everybody it's a small number compared to the rest which goes to the actual programs.

Second, firing that many people will render these federal agencies inefficient, wasting money instead of saving some.

Third, some of what will be cut will directly lead to more losses.

For example, if we cut programs aimed at reducing the impact of global warming on coastal areas, the end result will be higher costs due to floods and other disasters not to mention the human toll.

If you think about the purpose of these agencies and the programs and services they provide, its pretty easy to see why that's the case.

I'm sure the gop knows that but does not care because they are more focused on holding power, favoring the investor class and hurting people they don't like.

[Irish_Dem]

3. Yes it is going to end up costing a lot of money in the long run.

All the damage caused, the lawsuits, the people who have to be hired back with back pay, etc.

Yes the only goal is for the GOP and billionaires to make as much money as possible
and grab as much power as they can.

[NotHardly]

8. You put it in your pocket.

[Irish_Dem]

9. Ding ding ding.

We have a winner.

[Self Esteem]

4. I'm shocked.

[Yo_Mama_Been_Loggin]

5. Color me shocked

Not

[groundloop]

6. That $5K pales in comparison to the dividends the oligarchs would recieve.

It's just a little drop in the bucket to keep people happy while we're being robbed blind.

[orangecrush]

11. Shocked I tell you

[JoseBalow]

7. Only an idiot would believe a check is coming

Those bastards aren't raiding the coffers for you, dummy.

[OKIsItJustMe]

14. Oh, I'm willing to believe they're coming

Remember those COVID stimulus checks that Congress voted to issue, and Trump postponed so he could get his name put on them? (As if he was giving people money?)

He bought a lot of votes with those checks, from people who fell for it. (Lesson learned.)
https://www.msn.com/en-us/news/politics/congress-sent-checks-trump-took-credit-hes-reaping-the-political-reward-4-years-later/ar-AA1rQ8Jp

[JoseBalow]

16. Don't bet your timeshare on it

[Lulu KC]

10. Could I be more shocked?

I think not.

[Klarkashton]

12. There was never going to be those checks.

This careful analysis is laughable.

[Rebl2]

13. Anybody

that believed they were going to get a check for 5000 dollars from the musk government is a fool.

[CountAllVotes]

15. What a load of shit

There never was a plan to mail out $5K checks, never!

So, just get over it already!

[Mblaze]

17. Not even a consideration to pay down the debt?

[SunSeeker]

18. We're not getting a check, we'll be getting a bill.

https://futurism.com/elon-musk-doge-expenses