Elon Musk Suggests ‘DOGE Dividend’ Proposal for Taxpayers Amid Budget Cut Plans

[Social Media]

 

Billionaire entrepreneur and DOGE head Elon Musk has raised the possibility of a "DOGE Dividend" initiative, a proposal that could see American taxpayers receiving a $5,000 rebate check. Musk took to X, formerly known as Twitter, to announce that he would consult with former President Donald Trump about the plan, which aims to redistribute savings generated by his Department of Government Efficiency (DOGE). (UPDATE: Trump stated on Wednesday that the proposal is "under consideration.")  

 

The concept behind the "DOGE Dividend" is straightforward: as the agency works to trim government spending, a portion of the savings would be funneled directly back to taxpayers. However, the plan is not without hurdles, as it would require approval from Congress and would be contingent upon DOGE achieving significant cost reductions.  

 

Musk’s idea comes at a time when discussions about government spending, taxation, and economic relief remain highly contentious. While some lawmakers argue that any savings should be returned to the public, others believe that the funds should instead be used to address the national debt or extend existing tax relief programs.  

 

The United States has not seen a nationwide stimulus program since the COVID-19 pandemic, making this proposal a notable shift in economic policy. Musk has previously voiced his support for rebate-style payments linked to government savings, but this marks one of the most ambitious iterations of that idea.  

 

Musk’s remarks on X were prompted by Azoria CEO James Fishback, who suggested the plan. “President Trump and @ElonMusk should announce a ‘DOGE Dividend’—a tax refund check sent to every taxpayer, funded exclusively with a portion of the total savings delivered by DOGE,” Fishback posted.  

 

Musk responded that he would bring the idea to Trump’s attention, setting off a wave of speculation about whether the proposal could gain traction. Fishback estimated that if DOGE meets its ambitious cost-cutting goals—slashing $2 trillion in federal spending—roughly $400 billion could be set aside for taxpayer rebates. That would translate to an estimated $5,000 per household for the 78 million households that pay federal income taxes. In a two-taxpayer household, that figure could be around $2,500 per person, though individual amounts would depend on tax status.  

 

Currently, DOGE has reportedly saved $55 billion, according to a real-time savings tracker, equating to an estimated $360 per taxpayer. The department's cost-cutting measures have primarily focused on renegotiating federal contracts and reducing agency budgets. While these efforts have produced tangible savings, it remains uncertain whether they can reach the levels necessary to fund such a large-scale rebate program.  

 

The future of the "DOGE Dividend" remains unclear, as lawmakers and policymakers continue to evaluate potential uses for the savings. Some are advocating for direct rebates, while others are pushing for broader tax relief or deficit reduction strategies. The proposal is still in its infancy and would require congressional approval before any payments could be issued. Until then, the debate over how best to allocate DOGE's savings is expected to continue, with economic analysts and politicians weighing in on the potential impact of the plan.

 

Based on a report by Newsweek  2025-02-21

 

 

[Chomper Higgot]

Oh there will be a dividend for sure.

 

It’ll come during the ‘Find Out Phase’.

 

What needs explaining is, what happened to cutting government spending in order to reduce the national debt?

 

 

[Tug]

I would settle for independent proof said cuts were nessary and did indeed cut waste so far very little of that lots of gaslighting from the felon tho

[Harrisfan]

1 hour ago, Chomper Higgot said:

Oh there will be a dividend for sure.

 

It’ll come during the ‘Find Out Phase’.

 

What needs explaining is, what happened to cutting government spending in order to reduce the national debt?

 

 

Can chew gum and walk at the same time.

[hotsun]

hahaha elons giving us free money and theres liberals in here complaining about it

[Emdog]

I saw him this morning complaining the the interest charges on national debt gobble up too much discretionary spending. Well, Elon: reduce the national debt by not buy votes, er, giving rebates; by not cutting taxes on the uber rich. Not sexy but reduce the national debt. Not impossible: if Clinton could do it, why not Trumplon?

[WorriedNoodle]

Sounds like vote buying. Classy. Just when you thought they couldn't sink any lower.

[CallumWK]

7 hours ago, Social Media said:

Currently, DOGE has reportedly saved $55 billion, according to a real-time savings tracker, equating to an estimated $360 per taxpayer.

 

Different story here.

 

https://finance.yahoo.com/news/donald-trump-toys-with-doge-dividend-as-elon-musks-cost-cutting-project-continues-to-add-new-goals-160559599.html

 

Trump toys with 'DOGE dividend' — but the math doesn't add up yet

 

The DOGE team has begun to put its work online and is claiming $55 billion in savings so far thanks to an array of actions from fraud detection to contract renegotiations to workforce reductions.

The group has only provided a detailed accounting for the savings from contracts and real estate actions. Those add up to less than $9 billion in savings.

Jessica Riedl, a senior fellow at the conservative Manhattan Institute, calculated the real confirmed savings so far are closer to $4 billion, which she notes translates into a dividend of $2.42 per person.

 

[frank83628]

21 minutes ago, Tug said:

I would settle for independent proof said cuts were nessary and did indeed cut waste so far very little of that lots of gaslighting from the felon tho

Isnt there a DOGE page on X or somewhere where you can see whats happening and updates

[Chomper Higgot]

15 minutes ago, hotsun said:

hahaha elons giving us free money and theres liberals in here complaining about it

Except he’s not.

 

He is however raking in $Billions from the Federal Government.

 

Don’t expect DOGE to go anywhere near those welfare checks.

[Chomper Higgot]

Just now, frank83628 said:

Isnt there a DOGE page on X or somewhere where you can see whats happening and updates

It might tell you what’s being done, it won’t tell you what’s happening.

[JAG]

Bread and circuses.

 

Ended well, so history relates.

[frank83628]

11 minutes ago, CallumWK said:

 

Different story here.

 

https://finance.yahoo.com/news/donald-trump-toys-with-doge-dividend-as-elon-musks-cost-cutting-project-continues-to-add-new-goals-160559599.html

 

The DOGE team has begun to put its work online and is claiming $55 billion in savings so far thanks to an array of actions from fraud detection to contract renegotiations to workforce reductions.

The group has only provided a detailed accounting for the savings from contracts and real estate actions. Those add up to less than $9 billion in savings.

Jessica Riedl, a senior fellow at the conservative Manhattan Institute, calculated the real confirmed savings so far are closer to $4 billion, which she notes translates into a dividend of $2.42 per person.

 

Yes, a typical anti trump version.

 

Guess you won't be with your hand out for the 5k if it was given

[Purdey]

Had Elon revealed the total cash savings to date?

[CallumWK]

6 minutes ago, frank83628 said:

Yes, a typical anti trump version.

 

Rather think it i a typical version done by someone who knows maths.

 

Trump obviously doesn't, as that is proven by his bankruptcies.

[frank83628]

1 minute ago, CallumWK said:

 

Rather think it i a typical version done by someone who knows maths.

 

Trump obviously doesn't, as that is proven by his bankruptcies.

Musk Is DOGE, and pretty sure he knows maths

[CallumWK]

Just now, frank83628 said:

Musk Is DOGE, and pretty sure he knows maths

 

Someone asked already, where has Musk posted the results.

[theshu25]

Billionaire entrepreneur and DOGE head Elon Musk has raised the possibility of a "DOGE Dividend" initiative, a proposal that could see American taxpayers receiving a $5,000 rebate check. Musk took to X, formerly known as Twitter, to announce that he would consult with former President Donald Trump about the plan, which aims to redistribute savings generated by his Department of Government Efficiency (DOGE). (UPDATE: Trump stated on Wednesday that the proposal is "under consideration.")  

Ha ha ha  Has to chat with Former President Trump.         I knew Musk has taken over.

[Eric Loh]

Most likely end up like the egg price promise or end the Ukraine war in a day. Plays well with the gullible fanboys. 

 

[connda]

Personally I think it's not the smartest of ideas.

First, like the Covid-era money give-aways, it's highly inflationary.  However, Trump made noise that he'd like to see the USD weaken and a DOGE give-away would do just that.
Second, fiscal and monetary conservationism would warrant that the all DOGE "savings" be applied to paying down the National Debt.
 

[billd766]

3 minutes ago, connda said:

Personally I think it's not the smartest of ideas.

First, like the Covid-era money give-aways, it's highly inflationary.  However, Trump made noise that he'd like to see the USD weaken and a DOGE give-away would do just that.
Second, fiscal and monetary conservationism would warrant that the all DOGE "savings" be applied to paying down the National Debt.
 

Is that the same National Debt that rose last time Trump was in power?

[Eric Loh]

22 minutes ago, connda said:

Personally I think it's not the smartest of ideas.

First, like the Covid-era money give-aways, it's highly inflationary.  However, Trump made noise that he'd like to see the USD weaken and a DOGE give-away would do just that.
Second, fiscal and monetary conservationism would warrant that the all DOGE "savings" be applied to paying down the National Debt.
 

Weak USD will add to inflation and the savings are pittance even to pay down the National Debt interest. 

[kimothai]

2 hours ago, Tug said:

I would settle for independent proof said cuts were nessary and did indeed cut waste so far very little of that lots of gaslighting from the felon tho

That's the kind of thinking that got the USA into all the financial trouble in the first place.  Create an agency to investigate the agency that's investigating agencies.  Next thing you know there'll be more agencies to investigate other agencies which only results in more, NOT LESS, waste, fraud, and abuse.  I prefer the policy of "keep it simple" and right now that seems to be working fine contrary to what the lefty's think.

[kimothai]

2 hours ago, CallumWK said:

 

Different story here.

 

https://finance.yahoo.com/news/donald-trump-toys-with-doge-dividend-as-elon-musks-cost-cutting-project-continues-to-add-new-goals-160559599.html

 

Trump toys with 'DOGE dividend' — but the math doesn't add up yet

 

The DOGE team has begun to put its work online and is claiming $55 billion in savings so far thanks to an array of actions from fraud detection to contract renegotiations to workforce reductions.

The group has only provided a detailed accounting for the savings from contracts and real estate actions. Those add up to less than $9 billion in savings.

Jessica Riedl, a senior fellow at the conservative Manhattan Institute, calculated the real confirmed savings so far are closer to $4 billion, which she notes translates into a dividend of $2.42 per person.

 

Even if the conservative estimate of 4 billion is correct, I'll settle for that.  That's absolutely outstanding!!  DODG is just getting started.  Plenty more to come.

[billd766]

It would be interesting to see how much real money has been saved  and how much DOGE is actually costing. All I have seen and heard so far is a lot of hot air and NO figures on the actual savings and costs. It would also be very interesting to see the quoted figures and get them independently fact checked, to see if there is a difference.

 

If you lay off people, the cost will rise due to the number of years that people have worked, The payments of course will have to come out of the current years budget and any savings may not show up until years into the future.

[spidermike007]

I wish I could wrap my mind around the possibility that Musk is actually engaging in work that will benefit the American people, however I can't see it, he is simply too self-serving and so is his creepy boss.

 

I expect that the only dividend that will come from this will be the further decline of America and that will be great news for both Russia and China. 

 

 

[Wrwest]

5 hours ago, Harrisfan said:

Can chew gum and walk at the same time.

Evidently not the muskoteers if reports are accurate.

[Wrwest]

5 hours ago, WorriedNoodle said:

Sounds like vote buying. Classy. Just when you thought they couldn't sink any lower.

Now, you know that accusation applies to Biden during Covid. Trump ... no, it's different. Why? Well, because it is us doing it. Not going to happen so I am more concerned with working middle class jobs being summerly cut ... hmm, should I mention some of that salary savings will be needed to pay the unemployment resulting?

[Harrisfan]

4 hours ago, spidermike007 said:

I wish I could wrap my mind around the possibility that Musk is actually engaging in work that will benefit the American people, however I can't see it, he is simply too self-serving and so is his creepy boss.

 

I expect that the only dividend that will come from this will be the further decline of America and that will be great news for both Russia and China. 

 

 

He has 12 kids or so

[Harrisfan]

7 hours ago, WorriedNoodle said:

Sounds like vote buying. Classy. Just when you thought they couldn't sink any lower.

Giving money back to the people that own it? You lefties are all brainwashed.