President Donald Trump delivered a keynote address at the Future Investment Initiative (FII) PRIORITY Summit in Miami Beach
President Donald Trump is wasting no time proving that his second term will be a game-changer for America.
Trump revealed on Tuesday that he’s seriously considering a proposal to give 20% to every American taxpayer, funded entirely by the massive savings the Department of Government Efficiency (DOGE) has accumulated.
And another 20% of DOGE’s savings could go straight to paying down the federal government’s bloated debt.
The idea first hit the X platform when Elon Musk, Trump’s right-hand man in this efficiency revolution, responded that he’d “check with the president” about the proposal first floated by James Fishback of Azoria Partners.
Fishback 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.
Here’s how President Trump’s DOGE Dividend works:
DOGE is targeting $2 trillion in total savings.
Take 20% of DOGE’s total savings ($400 billion) and return it to the ~79 million U.S. households that will be net payers of federal income tax4 in CY 2025 as a tax-refund check called the “DOGE Dividend.”
$400 billion in DOGE-driven savings *divided by* 79 million tax-paying households = $5,000 “DOGE Dividend” check per tax-paying household.
Will check with the President
— Elon Musk (@elonmusk) February 18, 2025
Trump mentioned the idea on Wednesday at a high-profile meeting of global financiers and tech executives hosted by Saudi Arabia’s sovereign wealth fund in Miami.
Trump:
“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 because the numbers are incredible, Elon.
So many billions of dollars, billions, hundreds of billions. We’re thinking about giving 20% back to the American citizens and 20% down to pay back debt and pay down debt, which is—if you look at value, if it were a real estate balance sheet, the debt is tiny, but we still want to pay it down. It doesn’t matter.
We don’t look at it as a piece of real estate. It’s America. We’re going to get it down through intelligence, hard work, and—as Elon said—a word called ‘caring.’ You have to care.
By doing this, Americans will tell us where there’s waste. They’ll 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, pay tremendous amounts of taxes.
Here are just a few examples of where your money was going before I came along. These are just taken at random. Oh, they’re much worse examples than this. I was just looking at them before the speech, and I can tell you, they were much worse.
There are some that are horrible, but I don’t want to really say them because they’re very, very embarrassing to people. Very, very embarrassing.”
WATCH:
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