{"id":2404609,"date":"2025-02-20T10:29:01","date_gmt":"2025-02-20T15:29:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-backs-doge-dividend-floats-debt-paydown-using-musk-savings-washington-examiner\/"},"modified":"2025-02-20T10:30:35","modified_gmt":"2025-02-20T15:30:35","slug":"trump-backs-doge-dividend-floats-debt-paydown-using-musk-savings-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-backs-doge-dividend-floats-debt-paydown-using-musk-savings-washington-examiner\/","title":{"rendered":"Trump backs \u2018DOGE dividend,\u2019 floats debt paydown using Musk savings &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-backs-doge-dividend-floats-debt-paydown-using-musk-savings-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2404609&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former \u2064President Donald\u200c Trump has endorsed the idea of a &#8220;DOGE dividend,&#8221; proposing that checks be issued to approximately 80 \u200dmillion households \u2064in alignment with CEO Elon \u200dMusk&#8217;s cost-saving initiatives under the \u2062Department of Government efficiency (DOGE). At a conference in Miami,Trump \u2064suggested that 20% of the savings generated by DOGE could be \u200bdistributed to taxpayers,with the remaining portion allocated for reducing the\u200c national debt. He indicated that <a href=\"https:\/\/amzn.to\/3YuVZYV\">households paying federal income tax<\/a> would be eligible\u2064 for these \u200bchecks, which could potentially amount to $5,000 each\u200c if Musk achieves his goal of $2 trillion in federal spending cuts.<\/p>\n<p>Trump emphasized that this initiative could encourage greater workforce\u2062 participation and prompt citizens to report\u200c wasteful expenditures,thereby fostering a sense of involvement in governmental cost-saving efforts. Despite\u2062 its \u2062support, some \u200cexperts doubt the feasibility \u200cof cutting the budget to \u200bsuch an extent. Trump&#8217;s remarks came in the wake of significant government contract cancellations\u2064 by DOGE, \u2063which have \u2063reportedly saved billions, and\u2064 he praised Musk during his\u200c speech, acknowledging both his accomplishments and flaws.\u200d <\/p>\n<p>Following the miami event, Trump reaffirmed his support for the idea, stating that targeting waste and inefficiency in government spending aligns with the proposed dividend concept.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump backs &lsquo;DOGE dividend,&rsquo; floats debt paydown using Musk savings<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1999182\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\" target=\"_blank\" rel=\"noopener\" title=\"Donald Trump\">Donald Trump<\/a> threw his support behind the idea of a &ldquo;<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/department-of-government-efficiency\/\" target=\"_blank\" rel=\"noopener\" title=\"Donald Trump\">DOGE dividend<\/a>,&rdquo; a check that could be mailed out to 80 million households next summer under X CEO Elon Musk&rsquo;s cost-cutting initiative.<\/p>\n<div class=\"article-paywall\">\n<p>&ldquo;There&rsquo;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, because the numbers are incredible,&rdquo; Trump said Wednesday at a Miami conference backed by Saudi Arabia&rsquo;s sovereign wealth fund. &ldquo;So many billions of dollars [are being saved]. Billions. Hundreds of billions.&rdquo;<\/p>\n<p>The proposal is based on Musk&rsquo;s Department of Government Efficiency, or DOGE. Checks would go out only to households that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-brags-americans-can-pay-for-more-expensive-thanksgiving-with-government-handouts\/\" title=\"White House Brags Americans Can ... for More Expensive Thanksgiving with Government Handouts\">pay federal income tax<\/a> and would be 20% of whatever cuts DOGE makes before it wraps up its work in July 2026.<\/p>\n<p>Musk previously said he would <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3323344\/musk-teases-doge-dividend-checks-5000-per-household\/\" target=\"_blank\" rel=\"noopener\" title=\"check in\">check in<\/a> with the president about the idea, and Trump added in the new wrinkle of an additional 20% going to pay down the national debt during his remarks.<\/p>\n<p>&ldquo;If you look at value, if [the national debt] were a real estate balance sheet, the debt is tiny, but we still want to pay it down,&rdquo; Trump said. &ldquo;We don&rsquo;t look at it as a piece of real estate. It&rsquo;s America. We&rsquo;re going to get it down through intelligence, hard work, and, as Elon said, we&rsquo;re caring. You have to care.&rdquo;<\/p>\n<p>The checks could reach $5,000 per household if Musk achieves his goal of cutting $2 trillion in federal spending, though most budget experts say that scenario is unlikely. Proponents say the fact that checks are limited to households paying federal income tax will be an incentive for more people to enter the workforce.<\/p>\n<p>Trump also said the 20% idea will be an incentive for people to self-report anything that could be considered wasteful spending. <\/p>\n<p>&ldquo;Americans will tell us where there is waste,&rdquo; he said. &ldquo;They will be reporting it themselves. They participate in the process of saving money. So many of the men and women in this room, as an example, they pay tremendous amounts of taxes.&rdquo;<\/p>\n<p>DOGE has sent shockwaves through Washington, D.C., during Trump&rsquo;s first month in office, cutting what it says are billions of dollars in government contracts and laying off employees at multiple federal agencies. Officials are being tight-lipped about exactly how many jobs have been cut, but outraged Democrats and federal employee unions are staging regular protests outside of various agencies.<\/p>\n<p>Azoria Partners CEO James Fishback first floated the proposal on Tuesday, issuing a four-page&nbsp;<a href=\"https:\/\/drive.google.com\/file\/d\/1PTossggcz4_xV82LSv1DE9knYuPq-MG6\/view\" target=\"_blank\" rel=\"noreferrer noopener\">letter<\/a>&nbsp;with details that could <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/musk-teases-doge-dividend-checks-that-could-reach-5000-per-household-washington-examiner\/\" title=\"Musk teases \u2018...\u2019 ... that could reach ,000 per household - Washington Examiner\">include stimulus-style checks<\/a>. <\/p>\n<p>Fishback pitches the idea as a refund check rather than a stimulus since the money would only be a portion of spending cuts found by Musk and DOGE. At least 1,127 government contracts have been canceled so far, DOGE claims, saving $55 billion to date.<\/p>\n<p>During the Miami speech, Musk got a standing ovation from the crowd while Trump joked that &ldquo;he&rsquo;s been making a little news lately.&rdquo; The president added, &ldquo;He&rsquo;s got his faults also, I&rsquo;ll tell you that.&rdquo;<\/p>\n<p style=\"text-transform:uppercase\"><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3324522\/trump-says-federal-government-should-take-over-dc\/\" target=\"_blank\" rel=\"noopener\" title=\"Trump says federal government should &lsquo;take over&rsquo; DC\">Trump says federal government should &lsquo;take over&rsquo; DC<\/a><\/strong><\/p>\n<p>Trump further backed the idea of a dividend while speaking to reporters aboard Air Force One.<\/p>\n<p>&ldquo;I love it,&rdquo; he said. &ldquo;A 20% dividend, so to speak, for the money that we&rsquo;re saving by going after the waste, fraud, and abuse and all of the other things that are happening. I think it&rsquo;s a great idea.&rdquo;<\/p>\n<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1999182\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1999182\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump supports &#8216;DOGE dividend&#8217; for households, debt paydown<\/p>\n","protected":false},"author":2635,"featured_media":2404610,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/Donald-Trump-DOGE-Dividend.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[50736,50663,50737,3634,32076],"class_list":["post-2404609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-debt-paydown","tag-doge-dividend","tag-musk-savings","tag-trump","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/Donald-Trump-DOGE-Dividend.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2635"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2404609"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404609\/revisions"}],"predecessor-version":[{"id":2404613,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404609\/revisions\/2404613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2404610"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2404609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2404609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2404609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}