Sending DOGE dividend checks directly to Americans a ‘great idea’, Trump says
Could your next check from the government be a DOGE dividend?
Could your next check from the government be a DOGE dividend?
It might be after President Trump weighed in as a fan of Elon Musk’s idea to send Department of Government Efficiency savings directly to the American people. Another portion would be used to reduce the national deficit.
“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,” Trump said referring to his Department of Government Efficiency effort during an address Wednesday night at an investment summit backed by Saudi Arabia’s sovereign wealth fund in Miami.
Trump’s idea has been floated previously by Musk, who was in attendance for the address. Musk responded this week to a post on his social media platform X suggesting that Trump announce a “DOGE Dividend” with a $5,000 tax refund check sent to taxpaying households, saying he would “check with the President.”
The remarks were the latest signal that Trump is working to justify his DOGE effort, which has sent shockwaves through Washington as Musk’s moves to slash the federal government’s spending and workforce invite legal challenges and questions over the effort’s authority and powers.
Critics have argued that the slash-and-burn style of canceled contracts and worker layoffs risk crippling critical government services while doing little to deliver long-term taxpayer savings. And Trump and Musk have repeatedly overstated the amount of realized taxpayer savings — casting doubt on whether ambitious goals to significantly slash spending could be met.
While the White House has claimed some $55 billion in savings so far, itemized documents posted by the group suggest the actual savings are only a fraction of that amount. Sending 20% of the roughly $8.6 billion of DOGE savings the group has so far listed on its website would amount to about $11 per taxpayer.
Still, some 75,000 federal workers took an offer for a buyout offer, Trump said, arguing it would provide long-term savings to the government. And Trump and Musk have argued that the cuts are necessary given the nation’s debt.
Trump’s address to the Future Investment Initiative Institute drew members of the business elite, who he pitched on a vision of a nation revitalized by his economic policies. Attendees at the conference included Robert Smith of Vista Equity Partners, Josh Harris of 26North Partners, WeWork founder Adam Neumann and Middle East envoy and real estate investor Steve Witkoff.
“The United States is back and open for business,” Trump said. “The economic engines have come roaring back to life in just a very short period of time.”
Trump’s return to the White House has seen Wall Street and corporate leaders flock to win his favor with pledges of sizable U.S. investments.
Many companies “want to come to the White House and have a little news conference,” Trump said, adding “$10 billion or more, and I’m there.”
The summit host is backed by the Saudi Public Investment Fund, which Crown Prince Mohammed bin Salman chairs, providing an opportunity to curry favor with those controlling the $925 billion in PIF assets.
Trump has publicly urged the kingdom to invest as much as $1 trillion in the U.S., while Mohammed has pledged $600 billion over the next four years. Trump’s son-in-law Jared Kushner secured a $2 billion investment from the PIF shortly after the president’s first term ended.
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 Peter Facinelli exclusively opens up to Us Weekly about his relationship with ex-wife Jennie Garth and her husband, Dave Abrams %23jennie) |
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He shouldn’t be getting involved.
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A post-apocalyptic Avatar has so much potential.
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Twitter (X), Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service
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