Elon Musk Sets up Clash With Republican Deficit Hawks Over ‘Doge Dividend Cheques’

Headline
Elon Musk sets up clash with Republican deficit hawks over ‘Doge dividend cheques’
Pubdate
One-liner
"The spoils of battle."
Timeline
Report Excerpt

This week Musk seized on the idea of sending “Doge dividend cheques” to Americans, floated on social media by James Fishback, an investor and early adviser to the plan.

Fishback had suggested that households could receive $5,000 each if Doge achieved its aim of slashing $2tn in government spending, a goal even Musk felt might be too ambitious.

Trump on Wednesday said he was considering sending “20 per cent of the Doge savings to American citizens” and using a further fifth to pay down the national debt. He said the move might encourage Americans to come forward with examples of government fraud and waste.

Musk seemed to relish the political salience of such cheques.

“It is money that is taken away from things that are destructive to the country and from organisations that hate you, to you,” he told the CPAC crowd. “That’s awesome . . . that is the spoils of battle.”

Kicker

Add new comment

You have the option to tag the comment. When you start typing in the "Comment Tags" field, a dropdown with existing tags will appear; use these if possible. You can create tags that do not appear in the dropdown, but please remember that this is a family blog.