As Donald Trump took over as the 47th President of the United States, the country has been witnessing several changes. Amidst all that the Trump-led administration has been doing, Elon Musk’s Department of Government Efficiency (D.O.G.E.) was making headlines. This cost-cutting measure was attracting attention once more as Trump prepares to provide Americans with cash and reduce the national debt.
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20% of D.O.G.E. Savings To Go To Americans
During a recent event in Miami Beach, Florida, Trump brought this idea to light. At the event, Trump said,
“There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt because the numbers are incredible.“
This particularly came to light after Musk said on X that he would discuss a “DOGE dividend” with Trump. This was originally proposed by James Fishback, an adviser at D.O.G.E. The dividend is a tax return check taken from the federal government’s dismantling efforts under the Trump administration.
Fishback stated in a four-page document published on X that if Musk’s task group saves $2 trillion by the time it does its work in July 2026, every taxpayer might receive a $5,000 check. It should be noted that the department has saved about $55 billion so far. Trump further added.
“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.”
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What Does The Community Have To Say?
While several were happy about this initiative by D.O.G.E., a few others were skeptical. Guo Xu, an associate professor at UC Berkeley Haas, said,
“This seems like a populist measure designed to make the crippling of our federal government capacity more appealing. Instead of cutting the government to cut cheques, we should be investing to strengthen the nation’s infrastructure, science, and national security.”
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