Donald Trump says DOGE savings to make it back to taxpayers: Who stands to gain and how much?
1 month, 1 week ago

Donald Trump says DOGE savings to make it back to taxpayers: Who stands to gain and how much?

Live Mint  

After Elon Musk said he would pass on the suggestion for a ‘DOGE Divident’ to Americans, US President Donald Trump has now claimed that taxpayers could get a cut of the federal savings. On February 18, DOGE chief Elon Musk responded to proposal on social media saying: “Will check with the President.” Then, on February 19, while addressing an investment summit in Florida, Donald Trump said, “There’s even under consideration a new concept where we give 20 per cent of the DOGE savings to American citizens, and 20 per cent goes to paying down debt, because the numbers are incredible.” Thus, with the big names mulling the move. Notably, Fishback's proposal accounts 20 per cent of DOGE’s targeted $2 trillion in savings to be returned to “the ~79 million tax-paying households,” which the CEO said would result in approximately a $5,000 return per household. DOGE has so far claimed to have saved $55 billion “which is a combination of fraud detection / deletion, contract / lease cancellations, contract / lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings.” Last updated on February 17, the website states that DOGE is working on uploading “all this data” in a “digestible and fully transparent manner.” However, while DOGE has claimed $55 billion of federal savings, reports by the New York Times and Washington Post note discrepancies in the data published and the numbers claimed.

Savings Trump Donald Trump Donald Elon Musk American Claimed Doge Taxpayers Doge Savings  gain  donald  claimed  trump  stands  american  musk  proposal  savings  5000  doge  taxpayers

History of this topic

When will the $5,000 DOGE windfall arrive for taxpayers?
23 hours, 46 minutes ago

When will the $5,000 DOGE windfall arrive for taxpayers?

Hindustan Times  

Despite widespread anticipation, the arrival of the $5,000 windfall from the Department of Government Efficiency remains uncertain, leaving several Americans eager for more details. While numerous questions remain unanswered, US President Donald Trump indicated he is considering returning some of the savings generated by DOGE under Elon Musk’s leadership to taxpayers. Trump and Musk have suggested that 20% of DOGE’s …

'Puzzling': DOGE fired 18 people who saved taxpayers $93B in single year
1 week, 5 days ago

'Puzzling': DOGE fired 18 people who saved taxpayers $93B in single year

Raw Story  

One of the inspectors general fired by Donald Trump is questioning whether the president is serious about saving money for taxpayers. "That’s why President Donald Trump’s decision to fire 18 inspectors general in the first week of his term is so puzzling," Greenblatt wrote. Greenblatt pointed out that the Council of the Inspectors General on Integrity and Efficiency, an independent …

Musk wields Doge chainsaw, but Trump administration’s federal spending reaches record high
2 weeks ago

Musk wields Doge chainsaw, but Trump administration’s federal spending reaches record high

Firstpost  

Musk’s Doge has been touting more than $100 billion in savings. However, even after laying off thousands of federal workers and cutting back key programs, US federal spending climbed to a record $603 billion last month Doge emerged from Musk's musings at a 2023 dinner party, says report. Big layoffs without big savings Musk has claimed that Doge is on …

Musk wields Doge chainsaw, but Trump administration’s federal spending reaches record high
2 weeks ago

Musk wields Doge chainsaw, but Trump administration’s federal spending reaches record high

Firstpost  

Musk’s Doge has been touting more than $100 billion in savings. However, even after laying off thousands of federal workers and cutting back key programs, US federal spending climbed to a record $603 billion last month Doge emerged from Musk's musings at a 2023 dinner party, says report. Big layoffs without big savings Musk has claimed that Doge is on …

Major update on $5,000 DOGE 'dividend' checks to repay Americans for government waste
2 weeks ago

Major update on $5,000 DOGE 'dividend' checks to repay Americans for government waste

Daily Mail  

Americans hoping to receive money back from DOGE's efforts to cut government waste should not expect a check any time soon - if at all. As billionaire Elon Musk's DOGE team seeks to slash government spending, President Trump signaled some of the money saved could be returned to taxpayers. The latest data shows U.S. government spending was up on February …

DOGE wants to cut $1 trillion this year. But it's not looking at big spending drivers
3 weeks ago

DOGE wants to cut $1 trillion this year. But it's not looking at big spending drivers

NPR  

DOGE wants to cut $1 trillion this year. But it's not looking at big spending drivers toggle caption Saul Loeb/AFP via Getty Images Elon Musk and his Department of Government Efficiency have an ambitious goal of cutting $1 trillion in federal spending by the end of the fiscal year in September. DOGE's alleged savings are a drop in the budget …

'The savings aren't large': Conservatives say DOGE is just 'a distraction' for what's next
3 weeks, 1 day ago

'The savings aren't large': Conservatives say DOGE is just 'a distraction' for what's next

Raw Story  

A pair of fiscal conservatives expressed disillusionment with Elon Musk's efforts to cut federal spending through his Donald Trump-authorized Department of Government Efficiency. The tech mogul promised to slash the federal budget by eliminating entire agencies and dramatically culling the government workforce, but New York Times columnist David French and the Manhattan Institute’s Jessica Riedl don't think his savings will …

That $5,000 check from Elon Musk? Don’t spend it quite yet.
1 month ago

That $5,000 check from Elon Musk? Don’t spend it quite yet.

Raw Story  

by Ashley Murray, Kansas Reflector February 26, 2025 WASHINGTON — Elon Musk, the world’s richest man, claims American taxpayers could receive a $5,000 refund from the federal government — despite no apparent support in Congress, which controls the nation’s purse strings. Soon after Musk began floating the idea, President Donald Trump told investors at a conference in Miami on Feb. …

DOGE has teased $5,000 stimulus checks amid mass spending cuts. Here’s what we know
1 month ago

DOGE has teased $5,000 stimulus checks amid mass spending cuts. Here’s what we know

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “And we are going to make good and pay restitution and then rewrite the …

Can Donald Trump really return part of DOGE's savings to taxpaying households? Here's what experts say
1 month ago

Can Donald Trump really return part of DOGE's savings to taxpaying households? Here's what experts say

Hindustan Times  

There is an ongoing idea that a portion of the US government's savings made by Elon Musk's Department of Government Efficiency can be distributed to taxpaying households, which amounts to $5,000 per household. US President Donald Trump speaks next to Elon Musk and X Æ A-12, Musk's son, in the Oval Office of the White House in Washington. This originally …

Could Trump really return DOGE savings to taxpayers?
1 month ago

Could Trump really return DOGE savings to taxpayers?

LA Times  

President Trump listens as Elon Musk speaks in the Oval Office at the White House on Feb. 11 in Washington. James Fishback, founder of investment firm Azoria Partners which he launched at Trump’s Mar-a-Lago estate in Florida, promoted the idea Tuesday on X, formerly known as Twitter, prompting Musk to respond that he would “check with the president.” Fishback said …

'It's a fraud': CNN host bluntly calls out conservative proposing a 'DOGE dividend'
1 month ago

'It's a fraud': CNN host bluntly calls out conservative proposing a 'DOGE dividend'

Raw Story  

Normally mild-mannered CNN host Michael Smeroconish shut down an investment firm CEO who has been pitching what he calls a "DOGE dividend" where government savings would be refunded to taxpayers. Simply put, the CNN host dismissed the proposal as an attempted fraudulent scheme being used to sway the public to support for Donald Trump-appointed Elon Musk's highly controversial gutting of …

Trump asks Doge head Musk to get ‘more aggressive’ in efforts to cut govt size
1 month ago

Trump asks Doge head Musk to get ‘more aggressive’ in efforts to cut govt size

Firstpost  

Musk has already sent shockwaves across federal agencies, with his Department of Government Efficiency, or DOGE, firing several thousands of workers, scientists and park rangers Elon Musk appears on stage at Donald Trump's victory rally at the Capital One Arena on January 19, the eve of Inauguration Day in Washington, DC. AFP US President Donald Trump Saturday urged his billionaire …

Trump asks Doge head Musk to get ‘more aggressive’ in efforts to cut govt size
1 month ago

Trump asks Doge head Musk to get ‘more aggressive’ in efforts to cut govt size

Firstpost  

Musk has already sent shockwaves across federal agencies, with his Department of Government Efficiency, or DOGE, firing several thousands of workers, scientists and park rangers Elon Musk appears on stage at Donald Trump's victory rally at the Capital One Arena on January 19, the eve of Inauguration Day in Washington, DC. AFP US President Donald Trump Saturday urged his billionaire …

Trump boost Elon Musk’s plan for ‘DOGE dividend’ checks to taxpayers, but experts are skeptical
1 month ago

Trump boost Elon Musk’s plan for ‘DOGE dividend’ checks to taxpayers, but experts are skeptical

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump is endorsing an idea from Elon Musk and …

‘Pennies!’ Financial eporter mocks minuscule DOGE savings amid Musk talk of ‘dividends’
1 month ago

‘Pennies!’ Financial eporter mocks minuscule DOGE savings amid Musk talk of ‘dividends’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The savings claimed by tech billionaire Elon Musk eked out …

MAGA lawmakers have different ideas about where Trump should put 'DOGE dividend' money: 'What about the national debt?'
1 month ago

MAGA lawmakers have different ideas about where Trump should put 'DOGE dividend' money: 'What about the national debt?'

Daily Mail  

President Donald Trump signaled he likes the idea of sending some of the DOGE savings directly back to taxpayers, but the idea has been met with skepticism by even his allies on Capitol Hill. He said 'I love it' to the idea of sending Americans dividends from DOGE savings, but Republicans on Capitol Hill had other priorities with cost cutting …

Could Trump really return DOGE savings to taxpayers?
Trending News
1 month ago

Could Trump really return DOGE savings to taxpayers?

Associated Press  

WASHINGTON — An idea first proposed on social media has bubbled up to the White House and received President Donald Trump’s enthusiastic endorsement: Take some of the savings from billionaire Elon Musk’s drive to cut government spending and return it to taxpayers. James Fishback, founder of investment firm Azoria Partners which he launched at Trump’s Mar-a-Lago estate in Florida, promoted …

Elon Musk floats a $5,000 Doge dividend, Trump concurs: Can it really happen?
1 month, 1 week ago

Elon Musk floats a $5,000 Doge dividend, Trump concurs: Can it really happen?

Firstpost  

Elon Musk has backed a proposal to issue a $5,000 “Doge Dividend” to 78 million taxpaying households, representing 20 per cent of federal budget cuts under Trump’s Department of Government Efficiency. Experts warn congressional approval is required and legal challenges persist Elon Musk speaks next to US President Donald Trump in the Oval Office of the White House in Washington, …

Elon Musk floats a $5,000 Doge dividend, Trump concurs: Can it really happen?
1 month, 1 week ago

Elon Musk floats a $5,000 Doge dividend, Trump concurs: Can it really happen?

Firstpost  

Elon Musk has backed a proposal to issue a $5,000 “Doge Dividend” to 78 million taxpaying households, representing 20 per cent of federal budget cuts under Trump’s Department of Government Efficiency. Experts warn congressional approval is required and legal challenges persist Elon Musk speaks next to US President Donald Trump in the Oval Office of the White House in Washington, …

Trump weighs direct payments to Americans from DOGE savings
1 month, 1 week ago

Trump weighs direct payments to Americans from DOGE savings

Live Mint  

MIAMI—President Trump said he is considering using a portion of the savings from Elon Musk’s cost-cutting initiative to provide direct payments to Americans. James Fishback, the co-founder of investment firm Azoria, suggested on social media earlier this week that the federal government issue tax-refund checks based on savings identified by Musk’s Department of Government Efficiency. Fishback has proposed that Trump …

Trump backs idea to send some DOGE savings to American citizens
Trending News
1 month, 1 week ago

Trump backs idea to send some DOGE savings to American citizens

Associated Press  

WASHINGTON — President Donald Trump said that he likes the idea of giving some of the savings from Elon Musk’s Department of Government Efficiency back to U.S. citizens as a kind of dividend. He said at an investment conference in Miami on Wednesday that the administration is considering a concept in which 20% of the savings produced by DOGE’s cost-cutting …

Donald Trump eyes giving taxpayers cut of DOGE savings amid uproar
1 month, 1 week ago

Donald Trump eyes giving taxpayers cut of DOGE savings amid uproar

Live Mint  

President Donald Trump suggested that some savings from his federal cost-cutting effort, overseen by billionaire Elon Musk, could be sent back to US taxpayers, with another portion being used to reduce the national deficit. “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 …

Trump says he could give 20% of DOGE savings back to Americans
1 month, 1 week ago

Trump says he could give 20% of DOGE savings back to Americans

Al Jazeera  

US president’s proposal comes amid scepticism of claimed savings from Elon Musk’s cost-cutting drive. United States President Donald Trump has proposed using some of the savings from tech billionaire Elon Musk’s cost-cutting drive to give Americans cash and pay down government debt. So many billions of dollars … hundreds of billions,” Trump told the Future Investment Initiative Priority Summit, referring …

Trump backs idea to send some DOGE savings to American citizens
1 month, 1 week ago

Trump backs idea to send some DOGE savings to American citizens

New Indian Express  

WASHINGTON: President Donald Trump said Wednesday that he likes the idea of giving some of the savings from Elon Musk's Department of Government Efficiency back to US citizens as a kind of dividend. He said at an investment conference in Miami that the administration is considering a concept in which 20% of the savings produced by DOGE's cost-cutting efforts goes …

What will Elon Musk do with money DOGE saves? Tesla CEO answers
1 month, 1 week ago

What will Elon Musk do with money DOGE saves? Tesla CEO answers

Hindustan Times  

An X user asked Elon Musk, the world's richest man, to divide the money that the Department of Government Efficiency saved among all the tax paying Americans. So far, DOGE, or Department of Government Efficiency, has set its sights on the country's foreign aid agency USAID and the education department, among other government bodies. He described it as a “tax …

Elon Musk weighs giving $5,000 to all Americans from DOGE savings — Here’s a reality check
1 month, 1 week ago

Elon Musk weighs giving $5,000 to all Americans from DOGE savings — Here’s a reality check

Live Mint  

Real cheques or reality checks? When avid DOGE supporter James Fishback proposed divvying up so-called “DOGE Dividends” to common Americans and tagged Elon Musk on Twitter, it generated much buzz online. Elon Musk, too, responded with an equally buzz-worthy: “Will check with the President.” This escalated speculation over the possibility of 79 million Americans getting cheques worth $5,000 from DOGE's …

Bessent Says DOGE Effort Has Saved Estimated $50 Billion So Far
1 month, 1 week ago

Bessent Says DOGE Effort Has Saved Estimated $50 Billion So Far

Live Mint  

-- US Treasury Secretary Scott Bessent said US taxpayers don’t need to worry about the security of their private data while Elon Musk’s Department of Government Efficiency team seeks to make the federal government more efficient. “So that’s a very good start.” He added the cost-cutting effort could eventually lead to “several percent of GDP that we are saving.” Meanwhile, …

DOGE's new $8 billion savings example wildly off — by a factor of 1,000: reporter
1 month, 1 week ago

DOGE's new $8 billion savings example wildly off — by a factor of 1,000: reporter

Raw Story  

Tech billionaire Elon Musk's Department of Government Efficiency task force is finally providing some numbers purporting to give examples of significant savings to the federal government from terminating wasteful spending. This one claims $8 billion in savings — but if you look at the fine print upper right, it's a contract that's instead valued at $8 million." DOGE has faced …

Total estimated taxpayer savings after one month of DOGE revealed
1 month, 1 week ago

Total estimated taxpayer savings after one month of DOGE revealed

Daily Mail  

Elon Musk's DOGE revealed Tuesday that President Donald Trump has saved taxpayers a staggering $55 billion in less than a month. Elon Musk and the DOGE efforts to cut government waste continue capturing the headlines as Democrats and government workers continue protesting in the streets about the disruptive and draconian cuts. Democrat protesters continue assailing Musk as an unelected oligarch …

DOGE declares $4.7 trillion in federal payments 'almost untraceable', sparks public outcry and memes; ‘Gone like a puff’
1 month, 1 week ago

DOGE declares $4.7 trillion in federal payments 'almost untraceable', sparks public outcry and memes; ‘Gone like a puff’

Hindustan Times  

Elon Musk's Department of Government Efficiency identified a code that links US Treasury payments to a budget line item, accounting for approximately $4.7 trillion in payments that were frequently left blank. In a post on X February 18, the DOGE wrote, “The Treasury Access Symbol is an identification code linking a Treasury payment to a budget line item.” “In the …

DOGE gets mixed reviews from conservatives who have long wanted major budget cuts
1 month, 1 week ago

DOGE gets mixed reviews from conservatives who have long wanted major budget cuts

Associated Press  

DES MOINES, Iowa — Conservatives who have spent decades promoting deep cuts to government are giving mixed reviews to the Department of Government Efficiency, the Elon Musk-led project to slash the federal workforce and reduce or end disfavored programs. “That group can’t get over the fact that 10 million people read a tweet by Elon Musk listing five things suggesting …

DOGE – charged with slashing trillions from federal spending – has more than doubled its budget already, report claims
1 month, 1 week ago

DOGE – charged with slashing trillions from federal spending – has more than doubled its budget already, report claims

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump and Elon Musk’s Department of Government Efficiency effort …

Musk’s DOGE has already identified $1 billion in savings – bigger cuts are on the horizon
1 month, 2 weeks ago

Musk’s DOGE has already identified $1 billion in savings – bigger cuts are on the horizon

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump and Elon Musk’s Department of Government Efficiency cost-cutting …

DOGE Will Allow Elon Musk to Surveil the US Government From the Inside
55 years, 2 months ago

DOGE Will Allow Elon Musk to Surveil the US Government From the Inside

Wired  

As one of his first acts after being sworn in, President Donald Trump signed an executive order establishing the Department of Government Efficiency by reorganizing and renaming an existing entity, the US Digital Services, as the US DOGE Service. And while some have noted that this version of DOGE moves away from the sweeping vision of deregulation outlined in a …

Mint Quick Edit | Trump’s push for small government looks like a dice roll
2 months ago

Mint Quick Edit | Trump’s push for small government looks like a dice roll

Live Mint  

Though Donald Trump kicked off his second term as US President with a slew of big-bang announcements, the outcome of his plan to reduce the government’s size looks more dicey than before. DOGE’s sweeping mandate, they allege, could hurt federal agencies and programmes that safeguard public health, consumer credit and product standards. Taking an axe to government spending was bound …

Elon Musk makes admission about DOGE's plan to save taxpayers $2TN
2 months, 2 weeks ago

Elon Musk makes admission about DOGE's plan to save taxpayers $2TN

Daily Mail  

Elon Musk doesn't think he can reach his goal of cutting $2 trillion from the U.S. budget. The Tesla and SpaceX boss backtracked on Wednesday his previous projection of how much he could save the U.S. in his new role as co-head of Donald Trump 's Department of Government Efficiency. Now, Musk says he thinks aiming for half that goal …

Elon Musk makes stunning admission about DOGE and his plan to save taxpayers $2 trillion
2 months, 2 weeks ago

Elon Musk makes stunning admission about DOGE and his plan to save taxpayers $2 trillion

Daily Mail  

Elon Musk doesn't think he can reach his goal of cutting $2 trillion from the U.S. budget. The Tesla and SpaceX boss backtracked on Wednesday his previous projection of how much he could save the U.S. in his new role as co-head of Donald Trump's Department of Government Efficiency. Now, Musk says he thinks aiming for half that goal at …

Musk says DOGE’s goal to cut $2 trillion in spending is ‘best-case outcome’
2 months, 2 weeks ago

Musk says DOGE’s goal to cut $2 trillion in spending is ‘best-case outcome’

Live Mint  

Elon Musk reiterated that his Department of Government Efficiency will try to cut $2 trillion from federal spending, but he said they may not reach that goal. “I think if we try for $2 trillion, we’ve got a good shot at getting one," Musk said Wednesday in a conversation with Mark Penn, chairman and chief executive of ad company Stagwell, …

MAGA Republican says Americans will ‘cheer’ DOGE crackdown on food stamps
2 months, 3 weeks ago

MAGA Republican says Americans will ‘cheer’ DOGE crackdown on food stamps

Raw Story  

Rep. Chip Roy on Friday said Americans would celebrate cuts to the federal budget by the so-called Department of Government Efficiency, or DOGE – including a crackdown on food stamps and Medicaid. The comments came Friday during Roy’s appearance on CNBC’s “Squawk Box,” where he called on “the DOGE guys” – billionaires Elon Musk and Vivek Ramaswamy – to identify …

Trump taps Katie Miller, wife of key aide Stephen Miller, for Musk’s DOGE panel
3 months ago

Trump taps Katie Miller, wife of key aide Stephen Miller, for Musk’s DOGE panel

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Katie Miller will join the Trump administration’s much-watched non-governmental Department …

Trump wants to bring small government back: Will it be with a bang or whimper?
3 months, 3 weeks ago

Trump wants to bring small government back: Will it be with a bang or whimper?

Live Mint  

The idea of ‘small government’ has long held totemic appeal on the American Right, especially after Ronald Reagan ran a charm offensive in the 1980s to reposition government as a problem rather than solution. A proposed Department of Government Efficiency, co-led by billionaire Elon Musk and biotech success Vivek Ramaswamy, is expected to help “dismantle government bureaucracy, slash excess regulations, …

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