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Elon Musk considers rewarding Americans with a $5,000 check tied to their DOGE holdings.

Elon Musk considers rewarding Americans with a $5,000 check tied to their DOGE holdings.Meme-based Dogecoin soars to become 4th-biggest cryptocurrency | FMT

Musk Floats $5,000 ‘DOGE Dividend’ Checks, But Major Hurdles Remain

Elon Musk is considering a plan to distribute $5,000 checks to American households based on savings generated by the Department of Government Efficiency (DOGE). In a Twitter/X post, Musk said he would “check with the President” about the proposal, which stems from an idea by Azoria CEO James Fishback.

If DOGE reaches its ambitious $2 trillion savings target, a 20% rebate could be distributed to Americans after DOGE expires next July. However, discrepancies in DOGE’s reported savings, a lack of documentation, and the need for Congressional approval could derail the plan. Some lawmakers may prefer to use any savings for deficit reduction or extending tax cuts instead.

Musk, who has previously criticized government stimulus efforts, now faces scrutiny over whether this proposal will gain traction—or if it’s just another idea lost in bureaucratic red tape.

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