Do not expect a $ 5,000 check of Doug
- An investment bank offering that pushes some Dog’s savings to taxpayers in the form of checks.
- Elon Musk said he “will be investigated with” Trump on this topic.
- Capitol Hill legislators will need to be approved, and face some doubts.
What if some of the money that was provided by the Ministry of Governmental efficiency in Elon Musk can be paid to the Americans as cakes of the government?
This idea, which was promoted by investment manager James Fishak, has gained a large online traction on Tuesday after Musk said on X that he “will be achieved” by President Donald Trump on this topic. “It is clear that the president is the supreme leader, so it is completely left to him,” Musk later added.
After the initial publication of this story, Trump admitted the idea in an event in Florida, saying that “a new concept where we give 20 % of Dog savings to American citizens” in consideration. “
“I literally dreamed of this.” “Then we woke up and started working on it, and put on the paper for about two and a half hours.”
Fishback Bi told that he is meeting with a variety of offices of the House of Representatives and the Senate in Washington, DC this week, and that he sent by email the proposal of White House Chief of Staff, Suzy Wales. The White House did not respond to a request for comment.
However, the idea still has a long way. It will require the action of Congress to a suggestion, which already faces some early doubts from legislators on both sides.
Republican Senator Tom Telese of North Carolina told him that he believed that “sending checks is not the smartest way to spend savings” and that he prefers to use savings to “reduce debt”.
“I have three grandchildren, all of whom are under the age of eight,” said Teleis. “Their broken share of the national debt is about $ 100,000. I think it makes sense to help pay this debt commitment.”
Responding to the X, Senator Ron Johnson from Wisconsin books He will be “happy” to entertain the idea “once the budget is balanced.”
Johnson told BI: “The first use of this money must reduce spending, so that we can get a balanced budget, so that the Americans can maintain their dollars with difficulty,” Johnson told BI. “Not only from the point of view of not having to pay taxes, but so we do not convert them.”
Fishak said that he welcomes the conversation and agrees that the payment of the debt must be a top priority. But he said that the checks will be a decisive way to generate the public interest and enter Doug’s goals-suggesting that public pressure may lead potential critics to support his popular proposal.
“I don’t see how you can go to the city hall meeting, when you return to your area, and she says you voted against the distribution of President Trump’s profits,” Fishak said. “You will have a lot of questions to answer them from a lot of angry taxpayers.”
How will you do “Drug” Distributions
Under copies of more than Fishback an offerSome Americans will get one time with a value of $ 5,000 in 2026, and pay for the savings created by DOGE.
There are two warnings.
For one of them, the Fishback plan relies on an assumption of $ 2 trillion in savings, and the goal that was originally appointed to DOGE. Since then, Musk and Trump have removed this number, as they told Sean Hanity in an interview on Tuesday night on Fox News that “the general goal is to try to get a trillion dollars of deficit.”
In addition, checks – funded by 20 % of the total DOGE savings – will not be sent only to a federal income taxi net, which fish are estimated to be 79 million families.
President Trump and Elonmusk You should announce “Doge Fuchand” – tax recovery check is sent to every taxpayer, and is funded exclusively with part of the total savings offered by Doge.
pic.twitter.com/p5azzj3ttc
James Fishak (J_fishback) February 18, 2025
Republican Senator Josh Holie from Missouri, who said he generally supports “the principle of taking this money and returning it to the people,” said he wanted to see those savings that were placed on tax credit for children.
“That’s what I prefer to do,” Holie told BI, pointing to the costs borne by families who have many children. “We must direct relief to them, and this will be a great way to finance it.”
Fishback replied that his suggestion “is not the economic motivation package” and that it is related to paying “recovery” for taxpayers whose money is offended.
“The only criterion that we care about is whether or not you have paid federal income tax. If you have, you deserve compensation. If you are not, you are not a demonstration.” “People who get recovery are the people who paid, and they did not feel that they got good value from him.”
Meanwhile, Democrats do not greatly want to do anything with Doug, due to the recent closure of federal agencies and the mass fire of federal employees.
“It is just that he is not about saving money,” said Democratic Senator Chris Murphy of Connecticut, referring to Dog “. “This is all very simple to steal from ordinary people to enrich the wealthy.”
This story was updated to reflect Trump’s recognition of the idea later on Wednesday.