The government efficiency administration is studying at Elle Mousk during the era of President Trump, the payment of American taxpayers by 20 % of the savings created from reducing the historical federal size currently taking place.
These proposed payments, called Doge Fuisunds, have a good chance to become a reality if Musk is able to trim federal spending by 1.57 trillion pounds (2 trillion dollars). If Musk accomplishes its federal goals to reduce costs and the distribution of Doug’s profits is approved by Congress, the families who pay taxes will receive checks of 3,949 pounds ($ 5,000) directly in their bank accounts.
Trump supported the motivation plan during his speech on Wednesday at the Fii Priority Summit in Miami.
‘[We are considering] A new concept where we offer 20 % of Doug’s savings to American citizens, and 20 % go to pay the debt because the numbers are incredible. He told millions of billions of billions, hundreds of billions are rescued … so we are considering giving 20 % to the American people. “
Do you qualify for Doge Dividend checks?
It is estimated that more than 78 million US -paid American families can receive Doug checks. However, there can be a stick to those eligible for these stimulus payments.
The CEO of Azuriya James Fishak, who originally developed the idea of Dog Mossk on X.com, He said in the follow -up post These profit checks will only be sent to families that pay taxes that have shown “a tendency to provide (not spending) the additional dollar that has been received.”
Given that Musk has managed to reach sensitive social security records, and it is likely to be successful in its ongoing efforts to look at the taxpayer data data on the tax department databases, DOGE can analyze the financial behavior of individuals to determine whether it is suitable for receiving motivation checks. In short, getting a clean tax record may not be the only criteria that Dog is reviewing when sending profit checks.
How do you compare Doug checks with tax recovered amounts?
The Tax Authority stated that the average tax recovery through direct deposits was 1,710 pounds ($ 2,165) as of February 7, which is less than half of the proposed Doge examination amounts.
Many Americans rely on tax recovered amounts to rid their expenses or debts are clear or develop emergency funds. DOGE checks can provide a large financial payment for many taxpayers.
Can a Dog’s examination lead to high inflation?
The US Main Consumer Index for the United States increased by 3 % on an annual basis in January, as the American Federal Reserve continues to fight the post -birth sticky inflation. Federal reserve rates have increased interest rates for historical levels in the past years to reduce inflation to 2 %.
Doge checks are not the first motivation that the Americans will receive directly from the federal government. More than 476 million paid were made with a total of 642.53 billion pounds (814 billion dollars) for American families during the epidemic. During the first period of Trump, qualified Americans received payments worth 947 pounds ($ 1,200) in March 2020, followed by other checks of 1,105 pounds ($ 1,400) in March 2021 under President Joe Biden.
Note that after only one year of final motivation payments, US consumer prices rose to the highest level in 41 years, which could be attributed to supply chain disorders, Russia’s invasion of Ukraine, and great government spending. St. Louis Federal estimated This government motivation with 2.6 percentage points to the annual inflation rate of 7.9 % in February 2022.
However, Fishback highlighted a CNBC poll that shows that more than 70 % of Americans receiving a $ 5,000 bonus either will secure debts, contribute to their emergency funds or invest in long -term targets such as retirement. He said that these activities are not inflated; In fact, debt payments are actually a deviation.
Meanwhile, some economists believe that reducing national debt can help defeat inflation. In addition to issuing profit distribution checks, Dog plans to reduce the national debt using savings resulting from the ongoing federal restructuring.