During remarks at the FII Priority Summit in Miami, President Donald Trump revealed a potential plan to allocate savings uncovered by Elon Musk's Department of Government Efficiency (DOGE). Trump mentioned the possibility of giving back 20% of these savings to American citizens, with another 20% designated for paying down national debt.
Trump emphasized the significant impact of DOGE in identifying instances of fraud and abuse within the government, claiming that the initiative was saving taxpayers billions of dollars daily. As a result, the proposal to distribute a portion of these savings back to the public and towards reducing debt is being considered.