Friday, April 17, 2026
HomeNewsTrump Is Floating 'Little Rebate' Checks, But What Happened To The $5,000...

Top 5 This Week

Related Posts

Trump Is Floating ‘Little Rebate’ Checks, But What Happened To The $5,000 Stimulus Checks?

This article is more than 3 months old.

President Donald Trump says Americans might soon get rebate checks thanks to the billions flowing in from his tariff policies.

But the idea of bigger $5,000 “DOGE Dividend” checks, hyped earlier this year, seems to be losing steam.

Speaking with reporters outside the White House, Trump said, “We’re thinking about a little rebate because we have so much money coming in from tariffs, a little rebate for people of a certain income level might be very nice.”

He pointed to “tens and tens of billions of dollars” in tariff revenue and called the U.S. “the hottest country anywhere in the world” as a result of his trade efforts.

Hawley Proposes $600 Checks for Families

Following that, Sen. Josh Hawley (R-MO) introduced a bill to send Americans checks of at least $600 per adult and child as refundable tax credits, modeled after the pandemic-era stimulus checks.

The payments would phase out for individuals earning more than $75,000 and couples earning more than $150,000. Hawley said the checks would come from tariff revenue and could increase if collections exceed expectations.

The Rise and Stall of the DOGE Dividend

Meanwhile, earlier this year, Trump floated the idea of much larger payments tied to savings from the Department of Government Efficiency (DOGE), a spending-cut initiative led by Elon Musk.

Speaking at the Future Investment Initiative (FII) conference in Miami, Trump said, “There’s even under consideration a new concept where we give 20 percent of the DOGE savings to American citizens, and 20 percent goes to paying down debt, because the numbers are incredible.”

DOGE claims $199 billion in identified savings, but less than 10% in contract cancellations have been independently verified.

Some of the fraud claims used to support the initiative, including payments to millions of dead Social Security recipients, have been debunked.

Speaker Johnson Pushes Back

The “DOGE Dividend” idea gained traction online after an Arizona tech CEO posted a proposal on X suggesting that Americans receive $5,000 from DOGE savings.

Elon Musk responded, “Will check with the President.”

However, House Speaker Mike Johnson (R-LA) has pushed back strongly.

Speaking at CPAC, Johnson said, “Politically, that would be great for us… but… fiscal responsibility is what we do as conservatives… I think we need to pay down the credit card, right?”

For now, Americans are being offered modest rebate talk instead of bold action.

The $5,000 DOGE checks have turned into a political mirage floated on social media, hyped at conferences, and now quietly sidelined.

Whether it’s tariffs or spending cuts, the proposals keep shifting.

Until Congress acts, all the public has are vague promises and headlines. The rebate may be real, but the big money isn’t coming anytime soon.

IMAGE CREDIT: “Donald Trump” by Gage Skidmore, via Flickr. Licensed under CC BY-SA 2.0. Image adjusted for layout.

Featured:

Economist Says The World Is Preparing To Pull The Rug On The U.S. Dollar. Americans Aren’t Ready For What That Means For Prices And...

The U.S. dollar has long been the king of global finance. It’s the currency most countries use to trade, the one foreign central banks...

Elon Musk Just Backed A Pro-Trump Outsider With $10 Million. It’s The Strongest Sign Yet He’s Diving Into The 2026 Midterms

Elon Musk, the billionaire CEO of Tesla and SpaceX, just dropped $10 million to support Nate Morris, a pro-Trump outsider running for Senate in...

Nearly 200 Trump Donors Benefited From His Decisions, According To NYT. The White House Says They ‘Should Be Celebrated, Not Attacked’

A new investigation from The New York Times found that nearly 200 of the biggest donors to President Donald Trump’s post-election fundraising efforts have...
Adrian Volenik
Adrian Volenik
Adrian Volenik is a writer, editor, and storyteller who has built a career turning complex ideas about money, business, and the economy into content people actually want to read. With a background spanning personal finance, startups, and international business, Adrian has written for leading industry outlets including Benzinga and Yahoo News, among others. His work explores the stories shaping how people earn, invest, and live, from policy shifts in Washington to innovation in global markets.

Popular Articles