The US President’s proposal comes amid suspicion of savings claimed from the cost-cutting drive of Elon Musk.
The United States President Donald Trump has proposed to use some savings from the cost -cut drive of Tech billionaire Elon Musk to give cash to Americans and pay government loans.
Speaking at an investment summit organized by Saudi Arabia’s sovereign wealth fund at Miami Beach, Florida on Wednesday, Trump said that he was considering using 20 percent savings for payment to the public and 20 percent federal government To pay $ 36 trillion loans.
“The numbers are incredible, alone. So many billions of dollars … hundreds of billions, “Trump told Future Investment Initious (FII) Institute Primary Summit, referring to the savings identified by Musk’s so -called government skills (DOGE) (DOGE)
“We are thinking about giving 20 percent back to American citizens, and 20 percent to pay the loan.”
Trump’s suggestion came a day later, when James Fishback, advisor to CEO Done of Investment Firm Azoria, proposed the “Dogi Dividend” funded by the initiative to cut the cost.
In a four-five memorandum posted on X on Tuesday, Fishback said that a check of $ 5,000 can be sent to each tax-paying house, assuming that Musk’s task force completed its work in July 2026 Save $ 2 trillion until to do.
In response to Fishback Memo, Tesla and SpaceX CEO Musk said on X that he would “investigate with the President”.
During Trump’s election campaign, Musk, the world’s richest person, predicted that he could find $ 2 trillions in savings, but later retreated on that estimate, in an interview in January suggested that he had half a half There was a good chance to save more.
Dogi, which is not an official government department, has so far claimed to have acquired $ 55BN savings, but has not released a detailed document to support that figure.
On Monday, Dogge published a list of contracts, stating that he had canceled to get $ 16bn in savings.
However, the list termed the value of the $ 8M contract with immigration and customs enforcement as $ 8BN incorrectly.
UC Berkeley Has, an associate professor in Has, expressed doubts about Trump’s proposal to share the government’s savings with the public.
“It seems like a populist remedy designed to make our federal government’s ability more attractive,” Joo told Al Jazeera.
“Instead of cutting the government to cut the check, we should invest to strengthen the country’s infrastructure, science and national security.”
