New details are emerging about the highly anticipated Doge dividend stimulus check bill that is currently being drafted in Congress. The proposal, spearheaded by James Fishback of Aoria Investment Firm and backed by prominent figures like Donald Trump and Elon Musk, is set to provide substantial financial relief to American taxpayers.
Key Highlights of the Proposed Doge Dividend Bill:
1. Eligibility Restrictions
Millions of taxpayers will not qualify for the Doge dividend checks, specifically those who are immigrants without legal status. Fishback has been clear: illegal immigrants will not receive a single penny from this initiative, regardless of their tax contributions.
2. Stimulus Check Breakdown
– The checks will be based on 20% of government savings generated by the Department of Government Efficiency (Doge)
– Potential check amounts range from $142 to $5,000, depending on total savings
– Approximately 79 million American households could qualify
3. Who Qualifies?
– U.S. citizens
– Legal residents
– Social Security recipients
– Individuals who have worked and paid federal income tax
4. Controversial Exclusions
While the bill aims to provide financial relief, it has sparked debate about the exclusion of taxpaying immigrants without legal status, who contributed approximately $96.7 billion in taxes in 2022.
5. Political Landscape
The proposal has received mixed reactions from Republican lawmakers, with House Speaker Mike Johnson expressing concerns about the federal deficit and fiscal responsibility.
Next Steps:
Fishback remains optimistic about the bill’s passage, with potential legislation being introduced very soon. The earliest potential payouts are expected by summer 2026.
Stay tuned for more updates on this developing story as Congress continues to draft and negotiate the Doge dividend stimulus bill.
