Musk's $5,000 Dogecoin stimulus awaits congressional approval
Elon Musk's proposal for a $5,000 stimulus payment linked to Dogecoin is awaiting approval from Congress. The plan aims to return 20% of nearly $2 trillion in federal savings to taxpayers. While the initiative has gained attention from lawmakers and the President, it faces opposition, particularly from conservatives who prefer using the savings to reduce national debt. Musk has revised his savings estimate to around $1 trillion, adding uncertainty to the timeline for potential payments. Congressional debates continue as the proposal seeks political support.