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 claimed $55 billion savings for the federal government. However, the proposal accounts 20 per cent of DOGE’s targeted $2 trillion in savings to be returned to “the ~79 million tax-paying households,” which Fishback said would result in about a $5,000 return per household. According to the official DOGE website, the newly formed department under Elon Musk has saved an estimated $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.

History of this topic

When will the $5,000 DOGE windfall arrive for taxpayers?
1 day, 9 hours ago
'Always wrong': NYT reporter takes wrecking ball to DOGE's 'wall of receipts'
1 week, 2 days ago
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
2 weeks ago
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2 weeks ago
Elon Musk comes to Capitol Hill to meet with Republicans who discuss turning DOGE cuts into law
3 weeks, 1 day ago
DOGE wants to cut $1 trillion this year. But it's not looking at big spending drivers
3 weeks, 1 day ago
'The savings aren't large': Conservatives say DOGE is just 'a distraction' for what's next
3 weeks, 1 day ago
Fact check: Trump’s address to Congress
3 weeks, 3 days ago
Fact check: Trump’s address to Congress
3 weeks, 3 days ago
'Major errors': Investigative reporter rips apart Elon Musk's spin on DOGE
3 weeks, 3 days ago
DOGE's savings page fixed old mistakes — and added new ones
3 weeks, 6 days ago
Musk suggests more money for lawmakers after blocking pay hike
Trending News
1 month ago
Musk suggests more money for lawmakers after blocking pay hike
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1 month ago
That $5,000 check from Elon Musk? Don’t spend it quite yet.
1 month ago
DOGE deletes five biggest savings from error-riddled ‘wall of receipts’
1 month ago
Trump and Musk’s DOGE efforts to cut spending ‘need to be done,’ says JPMorgan Chase CEO Jamie Dimon
1 month ago
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1 month ago
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1 month ago
Trump’s Russian rapprochement, Mars musing and DOGE dividends. And is the gold gone? It’s Week 5
1 month ago
Can Donald Trump really return part of DOGE's savings to taxpaying households? Here's what experts say
1 month ago
Elon Musk's DOGE made tall claim of $55 bn savings after layoffs, cancelled contracts: Is it true?
1 month ago
Could Trump really return DOGE savings to taxpayers?
1 month ago
'It's a fraud': CNN host bluntly calls out conservative proposing a 'DOGE dividend'
1 month ago
Trump boost Elon Musk’s plan for ‘DOGE dividend’ checks to taxpayers, but experts are skeptical
1 month ago
‘Pennies!’ Financial eporter mocks minuscule DOGE savings amid Musk talk of ‘dividends’
1 month ago
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1 month ago
MAGA lawmakers have different ideas about where Trump should put 'DOGE dividend' money: 'What about the national debt?'
1 month, 1 week ago
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1 month, 1 week ago
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?
1 month, 1 week ago
Trump weighs direct payments to Americans from DOGE savings
1 month, 1 week ago
Trump backs idea to send some DOGE savings to American citizens
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1 month, 1 week ago
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 eyes giving taxpayers cut of DOGE savings amid uproar
1 month, 1 week ago
Did Elon Musk's DOGE really save $8 billion by canceling one contract?
1 month, 1 week ago
Trump backs idea to send some DOGE savings to American citizens
1 month, 1 week ago
Trump says he could give 20% of DOGE savings back to Americans
1 month, 1 week ago
Is DOGE Just Making Up Numbers And Hoping No One Notices?
1 month, 1 week ago
Elon Musk warns ‘America will go bankrupt’ if deficit isn’t fixed and wasteful spending continues
1 month, 1 week ago
DOGE says it has saved $55 billion so far; data shows much less
1 month, 1 week ago
DOGE claimed they had saved $8 billion by slashing one contract. The actual number was $8 million
1 month, 1 week ago
What will Elon Musk do with money DOGE saves? Tesla CEO answers
1 month, 1 week ago
DOGE released data about federal contract savings. It doesn't add up
1 month, 1 week ago
DOGE's new $8 billion savings example wildly off — by a factor of 1,000: reporter
1 month, 1 week ago
Total estimated taxpayer savings after one month of DOGE revealed
1 month, 1 week ago
DOGE declares $4.7 trillion in federal payments 'almost untraceable', sparks public outcry and memes; ‘Gone like a puff’
1 month, 1 week ago
Elon Musk’s DOGE alleges ID code for $4.7 trillion federal payments missing, says ‘traceability almost impossible…’
1 month, 1 week ago
Elon Musk's DOGE seeks access to taxpayer data at IRS
Top News
1 month, 1 week ago

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