Elon Musk is considering a proposal to issue $5,000 checks to Americans, derived from potential savings estimated at $2 trillion via DOGE cuts. This proposal originated from James Fishback, a supporter of both Musk and Trump, who believes 79 million households could benefit from these dividends. However, the feasibility of these dividend checks raises significant concerns due to the immense challenges in securing such budget cuts, as well as Musk's own uncertainty about the $2 trillion target, which he now regards as overly optimistic.
We wanted to help make DOGE real for millions of Americans. They deserve a portion of the savings DOGE will deliver under President Trump's leadership.
Musk himself has backed off from that number, telling political strategist Mark Penn in an interview broadcast on X that $2 trillion was a 'best-case outcome'.
It's hard to imagine Congress approving the kinds of spending cuts it would take to get anywhere close to that.
Reconciliation instructions approved by the House Budget Committee last week incorporate $2 trillion in spending cuts - but that's over the next decade, not a single year.
Collection
[
|
...
]