Trump says he'll consider DOGE dividend checks. Economists say such payments are unlikely.
CBSN
President Trump on Wednesday said he's considering using 20% of the savings from Elon Musk's cost-cutting task force, the Department of Government Efficiency, or DOGE, to provide direct payments to taxpayers. But economists and policy experts across the political spectrum expressed skepticism about the feasibility of such a "DOGE dividend."
"We're thinking about giving 20% back to the American citizens and 20% back to pay down debt," Mr. Trump said at the FII Priority summit, an investment conference in Miami sponsored by Saudi government entities. Mr. Trump didn't provide further details.
The idea of the so-called DOGE dividend surfaced on social media this week when a four-page proposal was posted by an X user, James Fishback. The post caught the eye of Musk, the owner of X, who is spearheading DOGE, and who on Tuesday said he would pitch the idea to Mr. Trump.
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