As of 100 days into Donald Trump’s second term, his economic promises, such as tax breaks and stimulus checks, are being questioned about whether they will be kept and what effect they will have. Some of the plans are to get rid of the federal overtime tax, consider a DOGE dividend, and find ways to lower inflation, all of which are difficult from a political and technical standpoint.

Official papers say that the budget resolution that Congress passed calls for cuts of $2 trillion and tax breaks of $4.5 trillion. This plan would help move forward with ideas like getting rid of the overtime tax, but it wouldn’t have any effect on state taxes. However, experts warn that putting it into action will rest on how well the negotiations go during the process of bringing the two houses of Congress together.

Are the plans for Doge payouts and tax cuts finally going to come true?

People aren’t sure about the promise to get rid of the tip and extra tax. Republicans want to get the project approved before Memorial Day, but budget limits have stopped similar plans in the past, according to experts. According to data from the Tax Foundation, the plan would also leave out workers who get more tax credits than they pay.

There is still no clear plan for the DOGE Dividend, which was first suggested by investor James Fishback. Even though both Elon Musk and Donald Trump have talked about the idea of stimulus checks, the amount that was originally suggested was cut from $2 trillion to $150 billion. Fishback says that the benefit would only go to families with positive net taxes. This would leave out 50% of low-income taxpayers.

Who can get the DOGE boost check and who can’t?

Trump said he would lower inflation “from day one.” The rate did go down from 3% in January to 2.4% in March, but prices for things like eggs went up 26% during that time because of bird flu cases. According to the Bureau of Labor Statistics, processed foods are still expensive, even though fruits and veggies have gone down in price.

A report from the Pew Research Center shows that people who make less than $40,000 a year often get more tax credits than they owe. This would reduce the dividend’s reach, which has led to criticism for its possible negative impact on the economy. “It is a redistribution, but not for everyone,” said an expert who did not want to be named.

The possible DOGE Dividend starts a new discussion about the effects of adding cash. Aaron Razon of CouponSnake says, “A one-time stimulus would raise demand and make prices go up.” “We saw the effect in the pandemic,” says Joseph Camberato of National Business Capital. There would be risks, even if they were small. Fishback, on the other hand, says that people would put the money into savings or debt instead of spending it right away.

Lucas Barcelo of Thrivin Life says that the Trump administration needs “early victories” to gain support in a time of uncertainty. But Camberato is not sure: “Giving money away doesn’t make sense financially with the current deficit.” Experts agree that people should save money and pay down their debts before making any promises.

Even though not many people were surprised, what we know so far is that the DOGE dividend stimulus checks are not likely to turn into anything real in the next few weeks. This is especially true since Elon Musk has said he is thinking about leaving the Trump administration and focusing on Tesla and SpaceX again.

How have past stimulus checks changed things?

The 2020-2021 COVID-19 stimulus checks caused prices of durable goods to go up by up to 9%, according to the Federal Reserve. Razon says that repeated stimuli, even if they are small, could make inflationary pressures rise again: “I learned my lesson: putting money into something has mixed results.”

Supporters of the DOGE Dividend, on the other hand, say that “excess” liquidity would be avoided by focusing on net donors. Barcelo says, “There are no guarantees,” in response to Fishback’s claim that these households have more money to spend. Without learning about money, it’s possible to lose it.