According to a report from The Daily Mail, Elon Musk is looking into possibly cutting checks for American households after saving billions by cutting waste.
From The Daily Mail:
The Department of Government Efficiency revealed Tuesday that President Donald Trump has saved taxpayers a staggering $55 billion in less than a month.
DOGE claims the savings were found through a combination of detecting and deleting fraud, canceling contracts and leases, and selling assets.
Investment firm CEO James Fishback had an idea for how to make Americans aware of how much of their money was being saved.
‘President Trump and @ElonMusk should announce a ‘DOGE Dividend’—a tax refund check sent to every taxpayer, funded exclusively with a portion of the total savings delivered by DOGE,’ he wrote.
Musk replied, curious, but said that he ‘will check with the President.’
Fishback added: ‘American taxpayers deserve a ‘DOGE Dividend’: 20% the money that DOGE saves should be sent back to hard-working Americans as a tax refund check.’
‘It was their money in the first place! At $2 trillion in DOGE savings and 78 million tax-paying households, this is a $5,000 refund per household, with the remaining used to pay down the national debt. Elon Musk, let’s do this! This is how we rebuild trust in our government.’
“President Trump and Elon Musk should announce a ‘DOGE Dividend’—a tax refund check sent to every taxpayer, funded exclusively with a portion of the total savings delivered by DOGE,” he wrote.
Fishback pitches the idea as a refund check rather than a stimulus since the money would only be a portion of spending cuts rooted out by Musk and DOGE. At least 1,127 government contracts have been canceled so far, DOGE claims, saving $55 billion to date.
https://twitter.com/elonmusk/status/1891967592048611532
Full report over at The Daily Mail:
Elon Musk considers 'DOGE dividend' that would send $5,000 check to all Americans following massive budget cuts https://t.co/fSj5Fk8UZl
— Boone Cutler 🦬🇺🇸 🦅 (@boonecutler) February 19, 2025