WASHINGTON — President Trump stated on Wednesday his approval of returning a portion of DOGE’s cost savings to American citizens as a dividend.
At a Miami investment conference, he mentioned the administration’s consideration of allocating 20% of DOGE’s savings to citizens and another 20% to national debt reduction.
Trump also suggested that the prospect of dividend payments would encourage the reporting of wasteful spending.
“They’ll be reporting it themselves,” Trump explained. “They participate in the process of saving us money.”
Later, while returning to Washington on Air Force One, he responded favorably to a reporter’s question about Musk’s proposal.
“I love it,” the Republican president told reporters on the plane.
The previous day, Musk indicated he would consult with the President regarding a suggested “DOGE Dividend” announcement that would return savings to taxpayers. DOGE’s initiatives have already resulted in the reduction of thousands of federal government employees.