Trump floats giving 20% of DOGE savings to American citizens
The amount of any payments — an idea that Trump said was still under consideration — would depend on figures from DOGE, which has had some of its savings claims debunked.
If the independent calculations are correct, DOGE has cut $8 billion in government spending. 20% of that, divided amongst 350 million Americans, would be $4.57. If DOGE's claims are correct (and they're not), they cut $55 billion, which would be $31.43. Even if DOGE met it's goal of $2 trillion, that would be $1,142.86, which would be a significant one time payment for a lot of Americans, but wouldn't offset the loss of Medicaid, Medicare, Social Security, a functioning Post Office, etc.
And the other 80% to himself and his friends.
This is called a bribe. He doesn't want to give any money out but he realizes that firing hundreds of thousands off people and robbing the government clean isn't exactly a slam dunk policy, so instead he's offering you as 2,500$ check to watch this happen.
Sick shit, really.
The initial claim of Musk was that Doge saves $2 trillion... That would be ~$1.2k per citizen.
But honestly I'd be surprised if that figure isn't closer to $100 billion "saved", which would net each american a <$60 cheque. And all of that money goes towards paying higher egg prices.
Edit: changed the numbers to reflect Trump's claim.
Anybody who believes that he would actually do this is someone who would fall for the wallet inspector.
Spend money on taxes to maintain important departments.
The government guts important departments and programs.
Gives just 20% of your taxes back.
Profit?
probably to one particular American citizen
Wouldn't that cause inflation? Something you were campaigning to reduce?
Which is kind of crazy, if you think about it: The federal budget is coming from taxes. So the deal is that Trump is destroying valuable services of federal institutions and only 20% of the "savings" are getting passed on? While normal people will have to pay for stuff like the weather forecast?
Why do people think the federal budget comes from taxes?
The government prints money, pays for its budget, and THEN it taxes. It can’t wait for tax dollars to pay for the budget. Taxing is to make the dollar necessary and force its flow back to the government.
They mostly “burn” all your tax dollars…
Like the gvmt is not a company. It doesn’t have “obligations” and “revenue”. It fucking PRINTS the money. If any company could print money, they would stop giving a fuck about revenue instantly.
Before currency was even invented, taxes were levied in the form of precious metals, livestock, crop harvests, and other resources. The government can't print a chicken.
In the US, the first issuance of currency happened centuries ago. The government's spending comes from tax revenue (and issuing bonds and other stuff).
I'm not sure why you're getting down voted for stating a fact: money has to be created through direct spending or back stopping the creation of money by private banks via the reserve system before it can be taxed away.
You can't tax back something that doesn't exist yet.
Just because it's not "our tax dollars" doesn't mean is isn't OUR public money.
And he and Elon keep the rest?
20% of 0 is still 0, Donny-boy.
I would love to see that. It's based on lies and we could see how much. Really how much.
And a massive 100% of the "negative savings" (ie damages).
Fuck you....the asshole doing this could give every American one million and STILL be worth 150 billion. Fuck your saving,I want the govt for the people by the people.
What's your price? Do. Not. Cave.
The piece of shit doing this could give every American one million dollars and still have 150 billion
in other words, it's a stimulus check, a thing that he can put his name on to prevent (and completely fail in doing so) the economic recession that would be caused by his stupid policies making the price of everything go up.
Where’s the other 80% going? It’s our tax dollars.
Into the pockets of the billionaires.
Not any more.. Now it's tax Rubbles, Riyal,and Crypto.
DOGE would have to actually save money for this to work.
ok, yeah, sure. whatever you say, jan.
I look forward to three extra dollars in my pocket per year. I'll buy an egg.
May I offer you 3/5 of an egg in these trying times?
Remeber how roads are very important for our shitty infrastructure? Anyway, we don't fix them anymore here is enogh money for a down payment for a carton of eggs.
Specifically, the American citizens who are part of the Trump administration.
Ah, so the ones who would typically be vehemently against any sort of 'government handout'.
How did you get that refund calculated? Other calculations I have seen it at around $11 per person....
This guy also doesn't seem to recognize the $1200 stimulus checks Trump sent out at the end of his term right before he lost the election.
Oh oops, I saw total budget, which I took to mean revenue rather than savings
Haha. No way. Profit go up