Trump and Elon Musk's 'DOGE dividends' might not benefit low-income Americans

President Donald Trump recently touted the of "DOGE dividends," which came to a 30-year-old investor in a dream and caught the attention of Elon Musk on X.

James Fishback said the whole idea came to him in a recent dream: Send American taxpayers dividend checks with whatever money Elon Musk’s Department of Government Efficiency saves as it dismantles parts of the federal government.

The idea took off on Tuesday when Fishback tweeted about it and Musk responded, pledging to share the idea with Trump. The president himself promoted the specifics of Fishback’s idea from the stage at the FII Priority Summit in Miami Beach on Wednesday.

“There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens, and 20% goes to paying down debt, because the numbers are incredible, Elon,” Trump said.

But if Trump follows through with the plan as Fishback envisions it, low-income Americans may not benefit.

Fishback, CEO of the investment firm Azoria who briefly worked with former presidential candidate Vivek Ramaswamy as DOGE was just getting off the ground, told NBC News in an interview that he awoke from that dream and, working with the lead researcher at his firm, composed a brief proposal to send millions of American households checks.

https://www.nbcnews.com/politics/doge/trump-elon-musk-doge-dividends-low-income-americans-rcna192994

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