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

Published On Feb 19, 2025, 11:45 AM

Elon Musk is exploring a proposal to issue a 'DOGE dividend,' potentially providing a tax refund check to taxpayers by utilizing funds saved from budget cuts by the Department of Government Efficiency (DOGE). This plan suggests using 20% of the savings, which could amount to $5,000 per household if $2 trillion is saved. Musk emphasizes the importance of balancing the federal budget amid rising deficits but has not committed to the dividend yet.

Stock Forecasts

Related News