Elon Musk arrives at the 10th Annual Breakthrough Prize Ceremony held at the Academy Museum of Motion Pictures on April 13, 2024, in Los Angeles, California, United States. Photo credit: depositphotos.com
Elon Musk showed interest in an innovative way of showing the country the savings his Department of Government Efficiency is making.
Musk posted on the X platform on Tuesday, saying he would “check with the president” about a proposal to send $5,000 checks to every American using money saved by DOGE’s cost-cutting operations.
The idea was initially proposed by James Fishback, a partner at the investment firm Azoria.
He explained the idea as follows:
Few in America knew precisely what to expect from DOGE. The early perceived turbulence around leadership, the uncertainty around legal structure, and the lack of precedent for such a bold initiative created a sense of “show me” with DOGE. Just a month into President Trump’s second term, DOGE is delivering. Full stop.
With DOGE reportedly achieving $1 billion in savings per day, President Trump has an opportunity to work with Congress to take DOGE one step further and deliver what we at Azoria call the “DOGE Dividend,” a tax refund check to be sent after the expiration of DOGE in July 2026 funded exclusively with a portion of the total savings delivered by DOGE.
However, the idea comes with some caveats, including that all recipients must be paying federal income tax in order to qualify:
Finally, President Trump’s DOGE Dividend will work to increase labor force participation by requiring individuals to be net payers of federal income tax to be eligible to receive their DOGE Dividend check. As just one example, 7 million working-age men in America are neither working nor looking for work.
The prospect of a $5,000 DOGE Dividend in 2026 will incentivize many to re-enter the labor force in 2025 in order to be eligible for the DOGE Dividend.
Low labor force participation is throttling U.S. economic growth and the DOGE Dividend will provide a powerful incentive to begin reversing this trend on the margins.
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. pic.twitter.com/p5AZZj3Ttc
— James Fishback (@j_fishback) February 18, 2025
Over the past few weeks, Elon Musk’s DOGE initiative has uncovered billions in government waste and corruption, exposing rampant mismanagement of taxpayer dollars.
Investigations revealed $1.7 billion in unspent COVID relief funds, $3 billion lost to fraudulent unemployment claims, and $800 million wasted on failed green energy projects.
Meanwhile, the federal government spent $200 million on diversity training for bureaucrats and $4.5 billion in foreign aid to hostile regimes with little oversight.
SHOCKER: $4.7 TRILLION in Taxpayer Cash Vanished Into Gov’t Black Hole – Where Did It Go?!
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