{"id":2404786,"date":"2025-02-20T15:50:02","date_gmt":"2025-02-20T20:50:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doge-dividend-checks-wouldnt-spark-inflation-white-house\/"},"modified":"2025-02-20T15:51:08","modified_gmt":"2025-02-20T20:51:08","slug":"doge-dividend-checks-wouldnt-spark-inflation-white-house","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/doge-dividend-checks-wouldnt-spark-inflation-white-house\/","title":{"rendered":"&#8216;DOGE dividend&#8217; checks wouldn&#8217;t spark inflation: White House"},"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\">16<\/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%2Fdoge-dividend-checks-wouldnt-spark-inflation-white-house%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=2404786&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>The White\u2063 House has stated that proposed\u200c &#8220;DOGE dividend&#8221; checks, which aim to refund 20% of funding cuts back to taxpayers, will not lead to inflation. National\u2063 Economic Council Director Kevin Hassett emphasized that\u200c the \u200dfunds would ultimately be spent by the government\u2064 or saved \u200dby individuals,\u2063 both of which would maintain \u200dbalance in spending and could even reduce\u2062 inflation. The initiative, which \u2063has been under \u200bdiscussion since the Trump governance, might perhaps issue $5,000 \u200cchecks\u200b to \u200d<a href=\"https:\/\/amzn.to\/3YuVZYV\">approximately\u200d 79 million federal income tax-paying households<\/a>, although such distributions would\u200c likely require \u200dCongressional approval and \u2063would not occur until \u200dat least July 2026.\u200b The overall goal includes using part of the funds saved to \u200cpay down the national debt.  <\/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\">White House says &lsquo;DOGE dividend&rsquo; checks wouldn&rsquo;t spur inflation<\/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_1999386\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>White House officials say &ldquo;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3323344\/musk-teases-doge-dividend-checks-5000-per-household\/\" target=\"_blank\" rel=\"noopener\" title=\"\">DOGE dividend<\/a>&rdquo; checks will not cause <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/inflation\" target=\"_blank\" rel=\"noopener\" title=\"inflation\">inflation<\/a> because the money would otherwise have been spent by the government.<\/p>\n<div class=\"article-paywall\">\n<p>&ldquo;If we don&rsquo;t <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-republicans-draw-flack-for-changing-earmarks-to-favor-rural-exurban-districts-with-gop-officials\/\" title=\"House Republicans Draw Flack for Changing Earmarks to Favor Rural, Exurban Districts With GOP Officials\">spend government money<\/a> and we give it back to people, then if they spend it all, you&rsquo;re even,&rdquo; National Economic Council Director Kevin Hassett said during the afternoon press briefing. &ldquo;But they&rsquo;re probably going to save a lot of it, in which case you&rsquo;re reducing inflation.&rdquo;<\/p>\n<p>Washington has been buzzing since the Trump administration began talking about the so-called <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3323344\/musk-teases-doge-dividend-checks-5000-per-household\/\" target=\"_blank\" rel=\"noopener\" title=\"DOGE Dividend\">DOGE dividend<\/a> earlier this week. The idea is to send 20% of any funding cuts the quasi-government agency makes back to taxpayers next summer, though a lot of questions remain about the proposal.<\/p>\n<p>One question is whether such a move would cause inflation, as the stimulus-style checks evoke memories of the direct payments that went out during the pandemic. That spending took much of the blame for inflation, which peaked at 9.1% in 2022.<\/p>\n<p>President Donald Trump and his team insist that will not be the case.<\/p>\n<p>&ldquo;When the government spends a lot, that&rsquo;s what creates inflation,&rdquo; Hassett added. &ldquo;We learned that from [former President] Joe Biden. So if we reduce government spending, then that reduces inflation, and if you give people money, then they&rsquo;re going to save a bunch of it. And when they save it, that also reduces demand and reduces inflation.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\" data-media-max-width=\"560\">\n<p lang=\"en\" dir=\"ltr\">Collins: On these potential checks you might send out, are you concerned that they could be inflationary?<\/p>\n<p>Hassett: Absolutely not. Imagine if we don&#8217;t spend government money and we give it back to the people. If they spend it all, you are even. They&rsquo;re probably going to save it&hellip; <a href=\"https:\/\/t.co\/jJyYvGCrbx\">pic.twitter.com\/jJyYvGCrbx<\/a><\/p>\n<p>&mdash; Acyn (@Acyn) <a href=\"https:\/\/twitter.com\/Acyn\/status\/1892648971925127489?ref_src=twsrc%5Etfw\">February 20, 2025<\/a><\/p><\/blockquote>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>    <\/p>\n<p>Trump himself <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3324589\/trump-backs-doge-dividend-floats-debt-paydown-musk-savings\/\" target=\"_blank\" rel=\"noopener\" title=\"suggested\">suggested<\/a> Wednesday that another 20% of the money saved would go directly toward paying down the national debt, while White House policy adviser Stephen Miller said the remaining 60% could be forwarded to the following year&rsquo;s budget, representing effective savings.<\/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=\"noreferrer noopener\">Trump says federal government should &lsquo;take over&rsquo; DC<\/a><\/strong><\/p>\n<p>Department of Government Efficiency leader Elon Musk has targeted cutting $2 trillion in spending, a goal most budget experts say is unrealistic. If that figure was reached, then $5,000 checks would reportedly go out to the <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\">roughly 79 million households<\/a> 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 ... Handouts\">pay federal income taxes<\/a>.<\/p>\n<p>The checks wouldn&rsquo;t go out until at least July 2026, when DOGE wraps up its mission, and they may also require Congressional approval.<\/p>\n<\/div>\n<p> <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_1999386\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1999386\"}});<\/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>White House claims &#8216;DOGE dividend&#8217; checks won&#8217;t trigger inflation, as the funds would have been spent by the government anyway<\/p>\n","protected":false},"author":2635,"featured_media":2404787,"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\/White-House-DOGE-Dividend-Inflation.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[12577,24198,23466,5708,32127],"class_list":["post-2404786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-cryptocurrency","tag-dividends","tag-doge","tag-inflation","tag-white-house"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/White-House-DOGE-Dividend-Inflation.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404786","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=2404786"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404786\/revisions"}],"predecessor-version":[{"id":2404790,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2404786\/revisions\/2404790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2404787"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2404786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2404786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2404786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}