Elon Musk Says He Will Check With Traump on Idea for Tax Refunds from Doge Savings

Us President Donald Trump Speaks Next to Elon Musk and X æ A-12, Musk’s Son, In the Oval Office of the White House in Washington, DC, Us, February 11, 2025.

Kevin lamarque | Reuters

Elon musk Said he’s going to touch base with president Donald Trump on a proposal to send americans tax refund checks from money saved by the department of government efficiency efficiency Advisory Group Heads.

In a Post Tuesday on XThe Tesla And Spacex Chief Executive said he “will check with the president.” The remark came in response to a separate post From James Fishback, CEO of the Azoria Investment Firm, Suggessting that Trump has the Oportunity to Issue a So-Called Doge Divide in the Form of a Tax Refund Check SENCK SAVINGS Created by Doge’s Cost-Cutting Campaign.

Musk has said that his goal is to Cut federal spending by $ 2 trillionOut of A $ 6.75 trillion annual budget in the latest fiscal year ended last Sept. 30. If that was met, fishback sugges Taking 20% ​​of that, or $ 400 billion, and distributing it to taxpayers. That would Amount to approximately $ 5,000 per household, He said.

“When a breach of this magnitude happens in the private sector, the counterparty, at minimum, refunds the customer since they failed to deliver what was promised,” Fishbacksback of in his proposal. “It’s high time for the federal government to do the same, and refund money back to taxpayers Given what dog has uncovered.”

Government Stimulus Checks MAILED to Millions of Taxpayers in 2020 DURING The Covid Pandemic Bore Trump’s Signature, The First Time A President’s Name appeared on any IRS Payments, The Associated Press reported at the time.

According to dog, it has Saved an estimated $ 55 billion Through its efforts. However, recent reports sugges that the actual figure is likey far beLow that.

On Wednsday, bloomberg reported that the dog website Only Accounts for $ 16.6 Billion of the $ 55 billion it claims to have saved. On tuesday, the new york time said doge mistakenly cited an $ 8 billion saving on a federal contrast that was actually For $ 8 Million INTEAD.

Meanwhile, many of dog’s efforts have been met with courts. But a federal judge on tuesday Denied a request to stop dog From accessing federal agencies’ Computer Systems or Directing Government Worker Firings While Litigation is ongoing.

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