President Donald Trump said that he likes the idea of giving some of the savings from Elon Musk’s Department of Government Efficiency back to U.S. citizens as a kind of dividend.
He said at an investment conference in Miami on Wednesday that the administration is considering a concept in which 20% of the savings produced by DOGE’s cost-cutting efforts goes to American citizens and another 20% goes to paying down the national debt.
Trump also said the potential for dividend payments would incentivize people to report wasteful spending.
“They’ll be reporting it themselves,” Trump said. “They participate in the process of saving us money.”
Later, as he flew back to Washington aboard Air Force One, he was asked by a reporter about the plan floated by Musk.
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Trump backs idea to send some DOGE savings to American citizens
- by: CHRIS MEGERIAN
- 2025-02-20
- Source:
AP News
- 02/20/2025
