The United States Congress has yet to approve the Stimulus Payment plan. This is because of the benefits of the budget cut campaign that was started by the Trump administration’s new Department of Government Efficiency (DOGE) to reduce the size of the US government.
Actually, DOGE’s actions have had great results, but they do not match up with the plan to give them to Americans, since these resources are still up in the air and the much-anticipated $5,000 check might not show up.
It is expected that the government will save around $2 trillion, so it is not clear that the campaign promises have not yet become real possibilities. On the other hand, there is no official news to the contrary.
Who is eligible for the DOGE payment?
Ames Fishback, CEO of the investment firm Azoria and a big supporter of this possible stimulus check, told NBC that it could only be sent to U.S. taxpayers whose households have a positive net income, which means they pay more in taxes than they get back.
This means that Americans with lower incomes will not get this payment in the end because most people with an adjusted gross income of less than $40,000 do not pay federal income tax.
For example, the Tax Foundation says that low- and moderate-income households often get more in tax credits than they pay in taxes. In the US, the bottom 50% of earners pay about 3% of all individual income taxes collected by the IRS.
Taxpayers whose incomes are less than $40,000 would not be able to get any future DOGE dividend payments.
