Former President Donald Trump recently revisited the idea of distributing a portion of government savings directly to American taxpayers. This concept, dubbed the "DOGE dividend," would allocate 20% of the funds saved by the Department of Government Efficiency (DOGE) to taxpaying households.
During a Florida event, Trump expressed enthusiasm for the proposal, suggesting that these payments could incentivize citizens to report government waste. He stated that 20% of the DOGE savings would be allocated to debt reduction, highlighting the substantial figures involved. This idea initially gained traction on social media platform X (formerly Twitter), with users proposing a "DOGE dividend" to Elon Musk, who then mentioned discussing it with the former president.
The former President's consideration of this "DOGE dividend" stems from reported savings achieved by DOGE through cuts to various federal agencies, including USAID, the Department of Education, and the Consumer Financial Protection Bureau. However, it's worth noting that some of these cost-cutting measures are currently facing legal challenges. DOGE, slated for dissolution in July 2026, has reportedly saved approximately $55 billion to date.
While Trump has championed the idea of returning 20% of the savings to taxpayers and using another 20% for debt reduction, the allocation of the remaining 60% remains unclear.
