Musk, Trump to Discuss Sending US Taxpayers $5,000 Checks Using DOGE Savings

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Musk said he will speak with Trump regarding the potential โ€˜DOGE Dividend.โ€™

Billionaire Elon Musk said on Feb. 18 that he will discuss with President Donald Trump a proposal to send U.S. taxpayers rebate checks representing a portion of the money saved by the Department of Government Efficiency (DOGE).

Musk is spearheading the Trump administrationโ€™s efforts to reshape the federal government and reduce wasteful spending.

The DOGE leader took to his social media platform X to say he would check with Trump regarding the possibility of introducing a โ€œDOGE Dividend.โ€

The SpaceX and Tesla founder issued the remarks in response to a suggestion from James Fishback, the CEO of investment firm Azoria, that a โ€œtax refund checkโ€ be sent out to Americans after DOGE completes its work in July 2026.

The refund would be funded โ€œexclusively with a portion of the total savings delivered by DOGE,โ€ according to Fishbackโ€™s proposal.

DOGE aims to deliver $2 trillion in federal spending cuts during its 18-month lifespan.

Fishbackโ€™s proposal calls for 20 percent of the $2 trillion in savingsโ€”approximately $400 billionโ€”to be returned to 79 million tax-paying households via direct payments.

That would amount to roughly $5,000 being returned to each of those 79 million households, according to Fishback.

He said the rebate โ€œcompensates American taxpayers for the egregious misuse and abuse of their hard-earned tax dollars that DOGE has uncovered,โ€ and encourages them to report โ€œinstances of waste, fraud, and abuseโ€ to DOGE, thereby increasing the total amount DOGE saves.

In addition, Fishback said the rebate would help โ€œrestore public trust between taxpayers and their governmentโ€ and increase โ€œtax morale.โ€

It would also incentivize labor-force participation, the investor said, noting that the rebate would only be available to net payers of federal income tax in 2025.

Musk responded to Fishbackโ€™s proposal, saying he โ€œwill check with the president.โ€

The businessman also responded to another post on X regarding the potential tax refund, writing: โ€œObviously, the President is the Commander-in-Chief, so this is entirely up to him.โ€

Byย Katabella Roberts

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