The DOGE dividend could become law: ‘The proposed bill will be coming in the next few days’
By Lydia Moynihan
Published Feb. 27, 2025, 5:16 p.m. ET
The proposal for a “DOGE dividend,” which would distribute 20% of government savings to taxpayers, has gained support from President Trump and Elon Musk — and now it could potentially be enshrined in law, The Post has learned.
The 28-year-old hedge fund manager behind the idea, James Fishback, told The Post he met with Musk last week and began meeting with lawmakers about his idea earlier this week.
“The president supports this and Elon likes the idea of incentivizing people to report waste, fraud, and abuse,” Fishback told me. “The proposed bill will be coming in the next few days.”
James Fishback initially posted about the DOGE dividend on X. James Fishback/ X
He added, “This approach will save taxpayers even more money — it would compound the returns that DOGE is finding.”
Under Fishback’s proposal, households that are net taxpayers — those who pay into the government more than they receive in benefits — would receive 20% of all DOGE’s saving.
Another 20% will go to paying down the national debt and the other 60% would likely be allocated to the budget each year. (Fishback doesn’t explicitly state that.)
According to his math, that would mean roughly 79 million households would get a $5,000 check each if Musk is able to cut $2 trillion from the federal budget he’s estimated he can trim.
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https://nypost.com/2025/02/27/us-news/proposed-doge-dividend-could-become-law/
