US EditionCEO behind DOGE dividend details Trump-backed plan to 'pay restitution to the taxpayer'
- A proposal called the 'DOGE dividend' aims to redistribute 20% of government savings from cuts to taxpayers, as reported by the New York Post.
- Hedge fund manager James Fishback discussed the plan with lawmakers, projecting $5,000 checks for 79 million households if $2 trillion is cut from the budget.
- Fishback noted that the government would only send checks to taxpayers, promoting work, and claimed that this would not be inflationary despite opposing economist views.
- Fishback mentioned that the proposal also allocates 20% of savings to debt reduction, and a bill is expected to be introduced soon, stating that the president supports this.
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Total News Sources7
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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