President Donald Trump has expressed support for a proposal that would return a portion of government cost savingsto U.S. citizens, following the budget-cutting efforts of Elon Musk’s Department of Government Efficiency (DOGE).
Speaking at an investment conference in Miami, Trump revealed that his administration is considering a plan in which 20% of the savings generated by DOGE’s cost-cutting initiatives would be distributed to American citizens as a form of dividend. An additional 20% would be allocated to reducing the national debt.
Trump suggested that the initiative could encourage greater public participation in identifying and eliminating wasteful government spending. “They’ll be reporting it themselves,” he said. “They participate in the process of saving us money.”
Later, aboard Air Force One, Trump was asked about the concept originally floated by Musk. The President responded, “I love it.”
Musk, who heads DOGE, had previously hinted at the idea in a post on his social media platform, suggesting he would discuss it with the President. The proposal follows significant workforce reductions in various federal agencies, part of DOGE’s broader strategy to streamline government operations.
With Musk’s cost-cutting measures already in full swing, the discussion around a potential “DOGE Dividend” signals a dramatic shift in how federal savings could be redistributed to the public.
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