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DONALD Trump appears to have warmed to the idea of sending a payment to millions of taxpayers from the pot of money saved by the Department of Government Efficiency.
The proposal, dubbed a DOGE dividend, was floated by the founder of an Arizona investment firm and Elon Musk appeared curious about it.
Donald Trump appeared to welcome the idea of Americans receiving a one-time check known as a ‘DOGE dividend’[/caption]
He hailed his best pal Elon Musk for the ‘idea’[/caption]
James Fishback proposed an idea of a check to be issued to taxpayers after DOGE sunsets in 2026, according to a paper published on X.
Musk is spearheading the department and is scrambling to find $2trillion worth of savings.
Fishback suggested 20% of the total savings could be set aside for a payment pot.
Under his plans, $400 billion would be distributed to around 79 million taxpayers.
This would roughly equate to each household receiving $5,000.
Trump was quizzed about the proposal on Air Force One and seemed to welcome it.
“I love it,” he said.
“A 20% dividend, so to speak, for the money that we’re saving by going after the waste, fraud and abuse and all of the other things that are happening. I think it’s a great idea.”
Trump revealed the suggestion came from his new best pal, Musk.
Musk responded to Fishback and said he would check with Trump about the idea.
In his paper, Fishback named four potential benefits of the DOGE dividend.
He said checks would be a form of compensation for taxpayers who think their money has been misused.
Fishback also said any payment would act as an incentive to report fraud cases.
He said checks would help restore trust in the government and encourage unemployed Americans to enter the labor market.
Around 6.8 million Americans are unemployed, according to government data.
DOGE estimates to have already saved $55 billion – one month on from Trump’s inauguration.
Officials claim the savings have come from a slew of measures, including canceling building leases, job cuts as well as sales.
Hundred Dollar Bills with Tax Refund Check.[/caption]
