{"id":11277,"date":"2025-03-06T15:20:46","date_gmt":"2025-03-06T15:20:46","guid":{"rendered":"https:\/\/finderica.com\/?p=11277"},"modified":"2025-03-06T15:20:46","modified_gmt":"2025-03-06T15:20:46","slug":"doge-check-proposed-bill-will-be-coming-in-the-next-few-days","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=11277","title":{"rendered":"DOGE Check \u2018Proposed Bill Will Be Coming In The Next Few Days?\u2019"},"content":{"rendered":"\n<div>\n<figure class=\"embed-base image-embed embed-0\" role=\"presentation\"><figcaption><fbs-accordion><\/p>\n<p class=\"color-body light-text\" role=\"button\">Both President Donald Trump and Elon Musk have expressed support for a DOGE dividend check<\/p>\n<p><\/fbs-accordion><small>Getty Images<\/small><\/figcaption><\/figure>\n<h2>DOGE Check Timing Revealed?<\/h2>\n<p>The concept of a DOGE check, which proposes distributing 20% of government savings directly to taxpayers, has recently gained notable endorsements from President Trump and Elon Musk. While the proposal has been met with some skepticism, including from key members of the Republican Party, James Fishback, the 28-year-old hedge fund manager behind the concept, has continued lobbying for its adoption. In recent days, Fishback revealed that he met with Musk and commenced discussions with lawmakers. In an <a class=\"color-link\" href=\"https:\/\/nypost.com\/2025\/02\/27\/us-news\/proposed-doge-dividend-could-become-law\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/nypost.com\/2025\/02\/27\/us-news\/proposed-doge-dividend-could-become-law\/\" aria-label=\"interview\">interview<\/a> with the <em>NY Post<\/em>, he also asserted that there would be a proposed bill relating to a DOGE check coming very soon. He doubled down on this assertion during an <a class=\"color-link\" href=\"https:\/\/www.newsnationnow.com\/the-hill\/we-have-to-refund-taxpayers-money-doge-finds-was-misused-investment-firm-ceo-the-hill\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.newsnationnow.com\/the-hill\/we-have-to-refund-taxpayers-money-doge-finds-was-misused-investment-firm-ceo-the-hill\/\" aria-label=\"interview\">interview<\/a> with <em>NewsNation.<\/em><\/p>\n<p>How much credence should be given to Fishback\u2019s claim?<\/p>\n<p><span class=\"link-embed__info\"><span class=\"link-embed__provider\">Forbes<\/span><span class=\"link-embed__title\">Will You Get Musk\u2019s DOGE Dividend Via A $5,000 Check?<\/span><small class=\"link-embed__byline\">By <span class=\"link-embed__author\">Shahar Ziv<\/span><\/small><\/span><span class=\"link-embed__thumbnail-wrapper\"><span class=\"link-embed__thumbnail allow-inline-style\" style=\"background-image:url(https:\/\/specials-images.forbesimg.com\/imageserve\/67b6438d5f82a7f0415d7fbf\/960x0.jpg)\"><\/span><\/span> <\/p>\n<h2>Fishback\u2019s Claim On DOGE Check Timing<\/h2>\n<p>Fishback has been making the rounds on Capitol Hill promoting the DOGE check concept and said he had several promising conversations on the proposal. He posted a <a class=\"color-link\" href=\"https:\/\/x.com\/j_fishback\/status\/1892710495204868505?s=46&amp;t=-DGlDYI6esU-4We1z9gHiQ\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/x.com\/j_fishback\/status\/1892710495204868505?s=46&amp;t=-DGlDYI6esU-4We1z9gHiQ\" aria-label=\"video\">video<\/a> on X showing a brief encounter with Elon Musk, saying, &#8220;Great chatting with @ElonMusk about the DOGE Dividend. Grateful for his immense service to our nation.&#8221; He has also interviewed with <em>NBC News<\/em> and appeared on <em>Fox Business\u2019<\/em> &#8220;<em>Maria Bartiromo&#8217;s Wall Street&#8221;<\/em> to discuss the DOGE dividend check.<\/p>\n<p>While the timing of a DOGE check did not come up in these interviews, Fishback dangled an enticing crumb during an interview with the <em>NY Post <\/em>on February 27. &#8220;The president supports this, and Elon likes the idea of incentivizing people to report waste, fraud, and abuse,&#8221; Fishback told the publication. He also asserted that &#8220;the proposed bill will be coming in the next few days.&#8221; I contacted Fishback via direct message on X and asked him to elaborate on his comment and clarify what bill he was referring to and precisely where and when it would be introduced. He didn\u2019t dispute the timing attributed to him in the <em>NY Post<\/em>, but also didn\u2019t elaborate. His only comment was succinct: &#8220;Stay tuned!&#8221;\u200b<\/p>\n<p>During an interview with <em>NewsNation<\/em> on March 4, Fishback reiterated his claim, telling host Blake Berman, \u201cI am optimistic a bill is forthcoming to put President Trump\u2019s vision for DOGE coming full circle into law. It isn\u2019t just enough, Blake, to identify waste, fraud and abuse. We have to refund the taxpayer their hard-earned money when their money was wasted and misused, and that\u2019s what the DOGE dividend calls for.&#8221; When pushed on why he was optimistic, Fishback responded that \u201cthe plan will be revealed in the coming week or so. I don\u2019t want to break any news right here.\u201d<\/p>\n<h2>Assessing The Veracity Of Fishback\u2019s DOGE Check Timing Claim<\/h2>\n<p>There are a few reasons to be skeptical of Fishback\u2019s claim on the timing of a proposed bill relating to a DOGE check:<\/p>\n<ul>\n<li>Aside from Fishback, no other individuals have made a similar claim on the timing and no member of Congress has corroborated his assertion. Notably, President Trump made no mention of a DOGE check during his address to Congress on Tuesday evening.<\/li>\n<li>There isn\u2019t any urgency to pass a bill related to a potential DOGE check. Even in Fishback\u2019s original proposal, he envisioned paying the dividend after the Department of Government Efficiency finished its work in July 2026. Why would this come to a head now, more than a year in advance?<\/li>\n<li>For the DOGE check to materialize, the proposed bill must navigate the legislative process, requiring approval from the House of Representatives and the Senate before being signed into law by the President. This journey is fraught with potential obstacles, including partisan disagreements and even intraparty debates over fiscal responsibility.\u200b Given that Republicans are laser-focused on passing a budget bill that would extend Trump\u2019s tax cuts and reduce federal spending, the DOGE check could be perceived as a distraction right now.<\/li>\n<\/ul>\n<p><span class=\"link-embed__info\"><span class=\"link-embed__provider\">Forbes<\/span><span class=\"link-embed__title\">Trump\u2019s No Tax On Tips And No Tax On Overtime Policies Could Hinge On This<\/span><small class=\"link-embed__byline\">By <span class=\"link-embed__author\">Shahar Ziv<\/span><\/small><\/span><span class=\"link-embed__thumbnail-wrapper\"><span class=\"link-embed__thumbnail allow-inline-style\" style=\"background-image:url(https:\/\/specials-images.forbesimg.com\/imageserve\/67c0887e285d156f015908fa\/960x0.jpg)\"><\/span><\/span><\/p>\n<ul>\n<li>The timing is also suspect given that some Republicans have expressed skepticism about a DOGE check. This includes House Speaker Mike Johnson (R-La.) who said that while the idea would be a political winner, he was more focused on paying down the $36 trillion federal debt. Senators, including Ron Johnson (R-Wis.), Cynthia Lummis (R-Wyo.), Thom Tillis (R-N.C.), and Rand Paul (R-Ky.) have echoed Johnson\u2019s view when asked about the possibility of sending a DOGE check. All have indicated they are amenable to the concept, but want to prioritize balancing the budget, reduce spending, and paying down the deficit. Ultimately, what may matter most is what Trump wants given his near total control of Washington, but the current equivocation from Congressional Republicans is pronounced.<\/li>\n<li>Finally, locking the administration into a DOGE check commitment could be premature and potentially embarrassing for the administration. Under Fishback\u2019s proposal, households that are net taxpayers\u2014those contributing more in taxes than they receive in benefits\u2014would receive 20% of all savings identified by DOGE. Fishback estimates that if DOGE achieves $2 trillion in savings, approximately 79 million households could each receive a $5,000 check. The actual savings realized may fall short of this ambitious target, potentially reducing the dividend amount remitted to taxpayers. If this is the case and a bill had already been passed, it could force the administration to send out dividend checks for a much smaller, or even negligible, amount.<\/li>\n<\/ul>\n<p><span class=\"link-embed__info\"><span class=\"link-embed__provider\">Forbes<\/span><span class=\"link-embed__title\">DOGE Removes Biggest Spending Cuts From Wall Of Receipts; Here\u2019s What It Could Mean For DOGE Dividend Checks<\/span><small class=\"link-embed__byline\">By <span class=\"link-embed__author\">Shahar Ziv<\/span><\/small><\/span><span class=\"link-embed__thumbnail-wrapper\"><span class=\"link-embed__thumbnail allow-inline-style\" style=\"background-image:url(https:\/\/specials-images.forbesimg.com\/imageserve\/67be479b62ed28f8b4584e3b\/960x0.jpg)\"><\/span><\/span><\/p>\n<h2><strong>The Upshot On Timing Of Potential DOGE Check<\/strong><\/h2>\n<p>The DOGE check proposal has garnered high-profile supporters, including Trump and Musk, but its implementation faces numerous hurdles. The proposal\u2019s success hinges on legislative approval, substantial government savings, and mitigation of potential economic side effects. This could lead one to be skeptical of Fishback\u2019s claim that a proposed bill is imminent.<\/p>\n<p>Fishback\u2019s DOGE check timing claim has some wiggle room given that the phrase &#8220;the next few days&#8221; is often used to convey a relatively short, but not precisely defined timeframe. The same argument holds for the claim made to <em>NewsNation<\/em> that a \u201cbill is forthcoming.\u201d While there are reasons to doubt it, ultimately we may just have to wait to validate or refute his assertion. What we do know is that many Americans across the political spectrum, are rooting for a DOGE check to materalize.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.forbes.com\/sites\/shaharziv\/2025\/03\/06\/doge-check-proposed-bill-will-be-coming-in-the-next-few-days-fishback-alleges\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Both President Donald Trump and Elon Musk have expressed support for a DOGE dividend check Getty Images DOGE Check Timing Revealed? The concept of a DOGE check, which proposes distributing 20% of government savings directly to taxpayers, has recently gained notable endorsements from President Trump and Elon Musk. While the proposal has been met with<\/p>\n","protected":false},"author":1,"featured_media":10505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[856,1698,173,276,2756,4213],"class_list":{"0":"post-11277","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-bill","9":"tag-check","10":"tag-coming","11":"tag-days","12":"tag-doge","13":"tag-proposed"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/11277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11277"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/11277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/10505"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}