Talks of doge refund checks up $8000 to taxpayers from govt cuts
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Anonymous
Lolz. Taint real money! |
Anonymous
Relax. We have overwhelming military superiority over Russia. Russia knows this. |
Anonymous
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“President Trump said on Wednesday evening that the newly established Department of Government Efficiency might return a portion of the savings accrued through job cuts and other budget curbs to American taxpayers.
The idea of giving back 20 percent of the money saved as a result of initiatives recommended by the new department, known as DOGE, is “under consideration,” said Mr. Trump. The potential initiative, he said, was “a new concept” under which his administration would give “20 percent of the DOGE savings to American citizens” and “20 percent goes to paying down debt.” (He didn’t mention what would be done with the other 60 percent of the money.)” -NYT |
Anonymous
| Do the people who are proposing this not realize that there are no savings, and won't be until the budget is at least balanced? For now, the only "savings" are in the form of "reduced shortfall." And a reduction of the increase in the national debt. |
Anonymous
| Omg this is so hilarious. Please, everyone keep believing whatever nonsense Elon makes up. That check will come any day now! |
Anonymous
I thought musk was going to save money. |
Anonymous
Not if your kid has to go fight a war against Europe or your family gets ebola and all die. |
Anonymous
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(Bloomberg) -- President Donald Trump suggested that some savings from his federal cost-cutting effort, overseen by billionaire Elon Musk, could be sent back to US taxpayers, with another portion being used to reduce the national deficit.
“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,” Trump said referring to his Department of Government Efficiency effort during an address Wednesday at an investment summit backed by Saudi Arabia’s sovereign wealth fund in Miami. Trump’s idea has been floated previously by Musk, who was in attendance for the address. Musk responded this week to a post on his social media platform X suggesting that Trump announce a “DOGE Dividend” with a $5,000 tax refund check sent to taxpaying households, saying he would “check with the President.” The remarks were the latest signal that Trump is working to justify his DOGE effort, which has sent shockwaves through Washington as Musk’s moves to slash the federal government’s spending and workforce invite legal challenges and questions over the effort’s authority and powers. Critics have argued that the slash-and-burn style of canceled contracts and worker layoffs risk crippling critical government services while doing little to deliver long-term taxpayer savings. And Trump and Musk have repeatedly overstated the amount of realized taxpayer savings — casting doubt on whether ambitious goals to significantly slash spending could be met. While the White House has claimed some $55 billion in savings so far, itemized documents posted by the group suggest the actual savings are only a fraction of that amount. Sending 20% of the roughly $8.6 billion of DOGE savings the group has so far listed on its website would amount to about $11 per taxpayer. Still, some 75,000 federal workers took a offer for a buyout offer, Trump said, arguing it would provide long-term savings to the government. And Trump and Musk have argued that the biting cuts are necessary given the nation’s debt. The US recorded an annual deficit of $1.8 trillion in the last fiscal year, and deficits are on track to rise over the next decade, adding further to government red ink. The US would need to eliminate those budget shortfalls before even beginning to make a dent in its $29 trillion debt load. -------------------------- This might be one of the stupidest things I have seen in a long time. |
Anonymous
+1 Musk responded he’d float it by Trump and now the dimwits are flapping their jaws about it. Their reported financial goal was to reduce the deficit. That is where every “saved” dollar should be going. But I guess it’s too much to expect the common man to understand a ledger. |
Anonymous
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Read the fine print. 20% of whatever they save. $8000 assumes $2 trillion savings and, at most, they’ve saved $4 bn. That. Ones of to about $5 per person. Before lawsuits kick in and people start getting settlements to negate all $4 bn of savings.
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Anonymous
So, we can’t send eight grand to individual American citizen taxpayers. But we absolutely can send billions to different non-profits and grifting contractors and give the bureaucrats who set these deals up six figure paychecks?.. 🤨 |
Anonymous
+ 1 I heard it’s in the mail! |
Anonymous
There's no way they've saved $2 trillion right now. I've heard it was much less because Elon doesn't understand the difference between a million and a billion. Remember when people thought he was really smart? |
Anonymous
Republicans Yap holiday about the deficit but then as soon as they get in power they just want to throw money at people to keep them happy. Panem et circenses |
Anonymous
Ha! The Indians have nothing on the Filipinos. Aspiring congressmen would hand out small denomination bills stamped with their name. |