Proposal Details
President expressed support for returning 20% of the savings from 's Department of Government Efficiency (DOGE) to U.S. citizens as a dividend, with an additional 20% aimed at reducing the national debt.
The idea, initially proposed by James Fishback on social media, suggests significant savings could be achieved, potentially amounting to $2 trillion, with Musk's efforts already saving $8.5 billion.
Implementation and Incentives
Trump believes the dividend could incentivize taxpayers to report wasteful spending, involving them in the process of saving money for the government.
Musk's DOGE initiative has already led to thousands of federal employees being laid off, as part of its cost-cutting measures.