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International Business Times
International Business Times
National
Marvie Basilan

Elon Musk Mulls $5,000 Checks For Taxpaying Americans Using DOGE 'Savings', But X Users Unsure

Elon Musk United States DOGE James Fishback Donald Trump
Elon Musk forged a close relationship with Donald Trump in the lead-up to the 2024 elections. (Credit: AFP)

KEY POINTS

  • James Fishback proposed the 'DOGE Dividend,' which could translate to $400 billion worth of checks
  • Some users said it was a good proposal, while others believe DOGE savings should be used to pay off national debt
  • Some are unsure how it will play out for the US economy, especially around inflation

Tech billionaire Elon Musk said Tuesday he will check with U.S. President Donald Trump regarding a recommendation from an investment executive regarding potential tax refunds for all Americans, which will be taken from the Department of Government Efficiency's (DOGE) total savings after the unofficial federal agency gets disbanded in 2026.

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