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President Donald Trump said Wednesday that he likes the idea of giving some of the savings from Elon Musk’s Department of Government Efficiency back to U.S. citizens as a kind of dividend.
He said at an investment conference in Miami that the administration is considering a concept in which 20% of the savings produced by DOGE’s cost-cutting efforts goes to American citizens and another 20% goes to paying down the national debt.
Trump also said the potential for dividend payments would incentivize people to report wasteful spending.
“They’ll be reporting it themselves,” Trump said. “They participate in the process of saving us money.”
Later, as he flew back to Washington aboard Air Force One, he was asked by a reporter about the plan floated by Musk.
“I love it,” the Republican president told reporters on the plane.
A day earlier, Musk wrote on his social media platform that he “will check with the President” in response to a suggestion that Trump and Musk should announce a “DOGE Dividend” that would send a refund to taxpayers from part of the savings created by DOGE. Its efforts have already led to thousands of federal government employees being fired or laid off.
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Indiana 2.0
Spending 10 million to send 10 million is just make believe conservatism
As someone who grew up on it, reading the books and Rush Limbaugh every day (long before he blew his ears out on pills) railing on Clinton, you eventually figure out the conservative movement is just rolling back everything that’s taken place in American governance after the 18th Amendment was passed in 1919.
American citizens that happen to be millionaires and contribute $$ to his campaigns.
20% + 20% = 40%. where does the other 60% go? Also, where does 20% come from? It also isn’t a dividend, it is a refund of money we already spent. And it should only go to those that pay taxes.
So many questions, no real answers. So really, just noise to get people excited.
Wouldn’t this drive inflation up?
Yes, very much so.
It is a P.R. Stunt ! A check with TRUMP’s Image and signature to smooth over and divert attention from inflationary effects of national import sales tariff taxes buried in prices of imported products.