Posted on Thursday, February 20, 2025
|
by Outside Contributor
|
1 Comments
|
President Donald Trump on Wednesday evening announced that he is looking into the concept of sending 20% of the money the Department of Government Efficiency (DOGE) is saving to U.S. citizens.
DOGE leader Elon Musk first hinted at the idea on Tuesday night, telling Azoria CEO and co-founder James Fishback that he would “check with the president” about sending U.S. citizens “DOGE dividend” checks.
Trump told an audience of investors at the Foreign Institutional Investor summit in Miami, Florida, that the concept was still under consideration.
“There is even under consideration a new concept where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt,” Trump said. “The numbers are incredible, Elon, so many billions … Hundreds of billions.”
Trump said if they do give the money back to Americans, then it would show the government cares, and taxpayers would help report waste and participate in helping the country save money.
If DOGE does reduce federal spending by $2 trillion, which is its goal, then approximately $400 billion would go back to taxpayers, which equals approximately $5,000 per taxpaying household, according to Politico.
Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.
Reprinted with Permission from Just the News – By Misty Severi
The opinions expressed by columnists are their own and do not necessarily represent the views of AMAC or AMAC Action.
Read full article here