President Donald Trump discover Wednesday he was conceive an musical theme to station “ dividend ” payment to Americans thanks to the saving claim by Elon Musk and his Department of Government Efficiency ( DOGE ) .
While speak at the FII PRIORITY Summit in Miami Beach , the chair brag the outlook of funnel 20 pct of the delivery he require DOGE to attain over the next few year into stimulus check mark to be stagger back to taxpayer .
# dive into Department of Government Efficiency
President Donald Trump reveal Wednesday he was debate an estimate to place “ dividend ” defrayment to Americans thanks to the saving claim by Elon Musk and his Department of Government Efficiency ( DOGE ) .
(L-R) Jared Kushner, FIFA President Gianni Infantino, US special envoy to the Middle East Steve Witkoff, Elon Musk, fomer CEO of Google Eric Schmidt and Governor of Public Investment Fund of Saudi Arabia Yasir Al-Rumayyan listen to US President Donald Trump speak at FII PRIORITY Miami 2025 Summit (Future Investment Initiative) at the Faena Hotel & Forum in Miami Beach, Florida, February 19, 2025.ROBERTO SCHMIDT/AFP via Getty Images
While address at the FII PRIORITY Summit in Miami Beach , the President of the United States brag the medical prognosis of funnel 20 per centum of the delivery he look DOGE to accomplish over the next few days into stimulus impediment to be spread back to taxpayer .
“ There ’s even under thoughtfulness a novel construct where we give 20 pct of the DOGE rescue to American citizen , and 20 per centum hold up to pay down debt , ” Trump read .
“ The identification number are unbelievable , Elon — so many million , billion , C of gazillion .
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This was the theme was first aim by james fishback , chief operating officer of investment funds house azoria , on xtuesday , where he publish a write up detail how the dividend would sour .
This was in his marriage offer , fishback propose spread rough $ 5,000 per family to around 79 million menage pay union income taxation .
The suggest essence is base on Musk ’s sheer contract that DOGE will be capable to abbreviate $ 2 trillion from Union budget , mean that $ 400 billion ( 20 per centum ) will be allot back to taxpayer get July 2026 — Trump ’s deadline for DOGE to cease its study .
This was # # dive into musk
the estimate was first offer by james fishback , chief executive officer of investing business firm azoria , on xtuesday , where he write a composition detail how the dividend would turn .
In his proposition , Fishback advise distribute more or less $ 5,000 per home to around 79 million house ante up Union income taxation .
The indicate total is base on Musk ’s sheer proclamation that DOGE will be able-bodied to curve $ 2 trillion from Union budget , mean that $ 400 billion ( 20 pct ) will be circulate back to taxpayer initiate July 2026 — Trump ’s deadline for DOGE to terminate its oeuvre .
Muskrepliedto Fishback ’s marriage proposal on ex enunciate that he ’ll hunt it past the chairman .
This was president trump and@elonmuskshould annunciate a ‘ doge dividend’—a taxation repayment deterrent transmit to every taxpayer , fund solely with a parcel of the full saving have by doge .
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The billionaire has publically recant the $ 2 trillion estimation , bring out in aJanuary interviewwith political strategian Mark Penn that the physique was merely a “ sound - grammatical case consequence ” and that he consider he only has a “ serious snapshot ” at cut half that .
# dive into Mark Penn
President Trump and@ElonMuskshould denote a ‘ DOGE Dividend’—a revenue enhancement repayment hinderance place to every taxpayer , fund entirely with a share of the entire rescue pitch by DOGE .
🧵 pic.twitter.com/p5AZZj3Ttc
The billionaire has in public retract the $ 2 trillion approximation , disclose in aJanuary interviewwith political strategian Mark Penn that the flesh was just a “ better - sheath result ” and that he believe he only has a “ just scene ” at trim half that .
Moreover , DOGE ’s saving have n’t been all that conclusive in its first few week of mathematical operation .
This was a “ bulwark of reception ” bring out by the jury exact $ 55 billion in deliverance so far — but the totality of its flesh come to just a third of that bit .
This was in a in particular glaring lesson , doge take unmistakable reference for the blockage of two union construction that were shutter under joe biden .
The system also wrong state this hebdomad that it save $ 8 billion on a terminate declaration for DEI consulting — though the digit wasactually deserving a fraction of that at $ 8 million .
