The amount of any payments — an idea that Trump said was still under consideration — would depend on figures from DOGE, which has had some of its savings claims debunked.
If the independent calculations are correct, DOGE has cut $8 billion in government spending. 20% of that, divided amongst 350 million Americans, would be $4.57. If DOGE's claims are correct (and they're not), they cut $55 billion, which would be $31.43. Even if DOGE met it's goal of $2 trillion, that would be $1,142.86, which would be a significant one time payment for a lot of Americans, but wouldn't offset the loss of Medicaid, Medicare, Social Security, a functioning Post Office, etc.
This is called a bribe. He doesn't want to give any money out but he realizes that firing hundreds of thousands off people and robbing the government clean isn't exactly a slam dunk policy, so instead he's offering you as 2,500$ check to watch this happen.
The initial claim of Musk was that Doge saves $2 trillion... That would be ~$1.2k per citizen.
But honestly I'd be surprised if that figure isn't closer to $100 billion "saved", which would net each american a <$60 cheque. And all of that money goes towards paying higher egg prices.
Edit: changed the numbers to reflect Trump's claim.
in other words, it's a stimulus check, a thing that he can put his name on to prevent (and completely fail in doing so) the economic recession that would be caused by his stupid policies making the price of everything go up.
Fuck you....the asshole doing this could give every American one million and STILL be worth 150 billion. Fuck your saving,I want the govt for the people by the people.
Which is kind of crazy, if you think about it: The federal budget is coming from taxes. So the deal is that Trump is destroying valuable services of federal institutions and only 20% of the "savings" are getting passed on? While normal people will have to pay for stuff like the weather forecast?
Why do people think the federal budget comes from taxes?
The government prints money, pays for its budget, and THEN it taxes. It can’t wait for tax dollars to pay for the budget. Taxing is to make the dollar necessary and force its flow back to the government.
They mostly “burn” all your tax dollars…
Like the gvmt is not a company. It doesn’t have “obligations” and “revenue”. It fucking PRINTS the money. If any company could print money, they would stop giving a fuck about revenue instantly.
Before currency was even invented, taxes were levied in the form of precious metals, livestock, crop harvests, and other resources. The government can't print a chicken.
In the US, the first issuance of currency happened centuries ago. The government's spending comes from tax revenue (and issuing bonds and other stuff).
I'm not sure why you're getting down voted for stating a fact: money has to be created through direct spending or back stopping the creation of money by private banks via the reserve system before it can be taxed away.
You can't tax back something that doesn't exist yet.
Just because it's not "our tax dollars" doesn't mean is isn't OUR public money.
Remeber how roads are very important for our shitty infrastructure? Anyway, we don't fix them anymore here is enogh money for a down payment for a carton of eggs.