Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Niloy Chakrabarti

Elon Musk Mulls £3.9K DOGE Dividends for 78M Taxpayers Using Savings From Reduced Federal Spending

DOGE is planning cost-cutting actions for the Food and Drug Administration, the National Institutes of Health, and the Centers for Disease Control and Prevention. (Credit: AFP News)

In an X post yesterday, the chief of the US Department of Government Efficiency (DOGE), Elon Musk, said he "will check with the President" about Azoria CEO James Fishback's idea to deliver "DOGE dividend" cheques to taxpayers.

The proposal calls for returning 20% of the savings generated by DOGE's actions to slash government spending in the form of direct payments to American taxpayers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.