Saturday, February 22, 2025
HomeFinanceWhat Is a 'DOGE Dividend'? | Global News Avenue

What Is a ‘DOGE Dividend’? | Global News Avenue

What Is a ‘DOGE Dividend’?

The internet was full of the internet on Wednesday, talking about “threshold dividends,” a direct payment from U.S. taxpayers funded by the government’s Department of Efficiency savings.

The idea of ​​a threshold dividend has been circulating on the internet for some time, but it has caught the attention of Governor General Elon Musk. “Freeth-thinking Investment Company” Azoria founder James Fishback proposed in a post on Musk’s social media platform X, which allowed U.S. taxpayers to cut costs by 20% taxpayer. “The president will be checked,” Musk replied.

Fishback estimates that if Doge cuts $2 trillion from the federal budget, the government can pay the federal income tax check to every household that pays the federal income tax check. (Musk, who threw it away Target $2 trillion Since then, November Cause suspicion In terms of saving too much possibility. )

Musk proposed the idea Wednesday. Musk said in an X post responding to X position, lamenting that “our government sees threshold ‘savings’ as the new piggy bank,” Musk said, “we need to balance budgets as a priority.”

Doge said on its website that the program has saved $55 billion so far. Although its “Wall of Receipts” has only $8.6 billion in all federal contract lists, according to a Bloomberg analysis. Of course, the Governor said its $55 billion figure “is a combination of fraud detection/deletion, contract/lease cancellation, contract/lease renegotiation, asset sales, grants, cancellation, labor reduction, programmatic changes and regulatory savings” Labor, cannot be considered in the “receipt wall”.

Trump is no stranger to mailing American checks. Trump approved two rounds of stimulus payments in 1920 during the 19020 pandemic.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments