President Trump is seemingly on board with plans to return as much as $5,000 to American taxpayers as a result of ongoing cuts by the Department of Government Efficiency.

But are DOGE stimulus checks as they’ve come to be known a real possibility? Don’t go spend the money quite yet.

The idea was first floated by Azoria investment firm CEO James Fishback who took to X, formerly Twitter, to urge billionaire Elon Musk, DOGE’s controversial leader, to issue a stimulus check based on the pledged $2 trillion in cuts the administration has promised. Calling it a “DOGE dividend,” Fishback said the savings would work out to about $5,000 per household.

Musk responded he would pass the idea on to Trump who later indicated he thought the checks were a good idea.

“I love it. A 20% dividend, so to speak, for the money that we’re saving by going after the waste and fraud and abuse and all of the other things that are happening,” Trump said last week, adding the payments “could be a lot.”

“If it’s 20%, we’d give back a lot of money to the taxpayer,” the president added.

But even Musk and Trump’s apparent support doesn’t immediately ensure a check.

Any stimulus would have to be approved by Congress and the amount of the payments would depend on DOGE accomplishing the full $2 trillion in cuts, something that many have called into doubt.

If the payments do happen, it’s expected there will be limits on who receives the money. Like previous stimulus checks, there won’t be a minimum income required to receive the payments but it will require people file and pay taxes.