This is how much the DOGE dividend checks would look like now based on Elon Musk’s savings program’s measures thus far (hint: it’s far less than $5,000).
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of Government Efficiency (DOGE) back to Americans, potentially complicating the country’s ongoing battle with elevated inflation.
Trump says DOGE could return 20% of its savings directly to taxpayers. That could reignite inflation
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of Government Efficiency (DOGE) back to Americans, potentially complicating the country’s ongoing battle with elevated inflation.
Economists worry that inflation could result from the plan being weighed by President Donald Trump to cut big checks to the public from money clawed back by Elon Musk’s Department of Government Efficiency.
Elon Musk has raised concerns over a Republican-backed budget resolution supported by President Donald Trump, warning that the legislation could significantly worsen inflation and drive the U.S. economy toward bankruptcy.
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
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Trump’s Approval Rating Falls and Could Collapse Over InflationDuring the first month of his second term, Donald Trump’s popularity started out mildly positive but has slowly eroded, according to the FiveThirtyEight averages. As of January 24, his job-approval ratio was 49.
Americans are getting excited about the idea of a new round of stimulus checks, as a dividend from all the money DOGE saves in the federal government. But some are not so sure.
Musk said that raising lawmakers' salaries could safeguard against corruption. It's an argument that even Democrats like AOC have made.
At the Conservative Political Action Conference on February 20, the Tesla titan floated auditing the Fed’s monetary decisions.
Renowned businessman Robert Kiyosaki supports Elon Musk's warnings about America's looming bankruptcy, citing systemic issues with the monetary system. Kiyosaki blamed rising debt and the potential collapse of the bond market for economic destabilization.
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