Musk: 'DOGE dividend' will not trigger inflation

According to Jin Shi, Trump said that he was considering sending some of the money saved from the Musk cost reduction plan directly to Americans. James Fishback, the co-founder of Azoria, an investment company, suggested on social media earlier this week that the federal government issue tax rebate checks based on the amount saved by the Department of Government Efficiency (DOGE). He suggested that Trump should work with Congress to establish a "DOGE dividend" or tax rebate check supported by $400 billion, which is equivalent to 20% of the $2 trillion DOGE savings goal. It is reported that Musk's team is working hard to implement significant budget cuts and layoffs in federal agencies. Musk said that the "DOGE dividend" will not cause inflation because the funds come entirely from spending cuts, and the beneficiaries are mostly taxpayers with savings tendencies. His goal of cutting $2 trillion in federal spending is the "most ideal outcome".