President Donald Trump of the United States on Wednesday said his administration is considering returning 20% of savings identified by Elon Musk’s Department of Government Efficiency, DOGE, initiative to Americans......CONTINUE READING THE ARTICLE FROM THE SOURCE>>>>>
Trump, while speaking at a meeting of global financiers and tech executives hosted by Saudi Arabia’s sovereign wealth fund in Miami, said he is also considering using another 20% of the savings to pay down the federal government’s debt.
“There’s even under consideration a new concept, where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt,” Trump said.
The proposal came from businessman James Fishback, who on Tuesday posted a four-page memo on X suggesting a DOGE dividend.
The post caught the attention of Musk, who said he would check with the President.
It was gathered that Fishback, the CEO of Azoria Partners investment firm, is now in touch with the Trump administration over his proposal.