PANews reported on February 19 that according to Forbes, Musk said on X (original Twitter) that he would consult President Trump on the "DOGE dividend" plan, which proposes using the funds saved by the Department of Government Efficiency (DOGE) to issue a $5,000 tax refund to each taxpayer family.
The proposal was put forward by James Fishback, CEO of investment company Azoria, and plans to use 20% of DOGE's target savings of $2 trillion to subsidize about 79 million taxpaying households. As of Monday, DOGE claimed to have saved $55 billion, with funds coming from anti-fraud, contract cancellations, asset sales, government spending cuts, etc. Musk initially responded by saying "I will confirm with the president", but then added that the final decision is in Trump's hands.
