Musk says he’ll ‘Check with the President’ on giving $5,000 checks to all taxpaying Americans

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Last Updated on February 20, 2025 by The HD Post Staff

Tech billionaire and advisor to President Donald Trump, Elon Musk said that he “will check with the president” on a $5,000 Department of Government Efficiency (DOGE) dividend for every American taxpayer.

“President Trump and @ElonMusk should announce a ‘DOGE Dividend’—a tax refund check sent to every taxpayer, funded exclusively with a portion of the total savings delivered by DOGE,” said Azoria Investment Fund CEO and outside advisor to DOGE James Fishback.  

The news comes amid a federal judge denying a temporary restraining order (TRO), filed by California and 13 other states, aimed at preventing DOGE from accessing federal payment systems. 

During the proceedings, the Whitehouse submitted a filing stating that Musk ‘is not the U.S. DOGE service administrator’, can only advise the president and communicate the president’s directives.

Take $400 billion savings and return to U.S. households

In Fishback’s post on X, he makes a case for the DOGE Dividend.

“With DOGE reportedly achieving $1 billion in savings per day, President Trump has an opportunity to work with Congress to take DOGE one step further and deliver what we at Azoria call the “DOGE Dividend,” a tax refund check to be sent after the expiration of DOGE in July 2026 funded exclusively with a portion of the total savings delivered by DOGE,” wrote Fishback.

He proposes to take 20% of DOGE’s total savings ($400 billion) and return it to the ~79 million U.S. households that will be net payers of federal income tax in CY 2025 as a tax-refund check called the “DOGE Dividend.”

Fishback said the checks would compensate American taxpayers for the egregious misuse and abuse of their hard-earned tax dollars that DOGE has uncovered.

DOGE says total estimated savings are $55 billion so far

The DOGE website’s ‘Wall of Receipts’ has an account of its findings and lists the total estimated savings at $55 billion.

However, according to Bloomberg, the website only accounts for $16.6 billion of that.

RELATED: Judge denies request for a restraining order by 14 states, including California, against DOGE

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