Musk weighs a 'DOGE dividend' to send Americans checks using saved funds

Category: Finance

Elon Musk showed interest in a proposal to use savings from the Department of Government Efficiency (DOGE) to provide taxpayers with a 'DOGE dividend' payment. The plan suggests using 20% of DOGE's projected $2 trillion savings to refund taxpayers, potentially giving each of the 78 million taxpaying households in the U.S. about $5,000. Musk emphasized the importance of balancing the budget and reducing the deficit, which is projected to exceed $2 trillion annually.

Keywords: Elon Musk, DOGE, tax refund

Source: Fox Business

Update At: 2/20/2025

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