Trump proposes DOGE savings dividend for taxpayers

President Donald Trump has expressed support for a proposal to distribute a 'DOGE dividend' to U.S. taxpayers, which would allocate 20% of the savings produced by Elon Musk's Department of Government Efficiency (DOGE). At a recent investment conference and aboard Air Force One, Trump suggested that this could provide financial relief amid economic uncertainty, while also contributing to the national debt reduction. The initiative, which is said to have already saved $55 billion, could potentially result in individual payouts of around $5,000 for taxpayers. This concept originated from James Fishback, CEO of an investment firm, who emphasized it as a way to compensate taxpayers and incentivize reporting of wasteful spending. Musk, who is leading the DOGE initiative, has indicated interest in the proposal but has not committed to any specific plan. The idea has sparked legal challenges against DOGE, aiming to stop workforce reductions and protect private data access.