US President Donald Trump will speak on February 11, 2025 at the White House oval office in Washington, DC, next to Musk's son, Elon Musk, Xæa-12.
Kevin Lamarck | Reuters
Elon Musk said he would touch President Donald Trump and the base on the proposal to send American tax refund checks from the money saved by the government efficiency advisory group he is heading.
In X's Tuesday post, Tesla SpaceX CEO said he would “check with the president.” The statement came in response to another post from James Fishback, CEO of Azoria Investment Company. Based on Doge's cost-cutting campaign.
Musk says his goal is to cut federal spending by $2 trillion from his annual budget of $6.75 trillion for the recent fiscal year ended September 30th last year. Distributed to taxpayers. That would be around $5,000 per household, he said.
“If a violation of this magnitude occurs in the private sector, the counterparty will at least refund the customer because it failed to provide what was promised,” Fishback wrote in his proposal. “It's time for the federal government to do the same and give the taxpayer a refund of what Doge has discovered.”
The government's stimulus package checked checks mailed to millions of taxpayers in 2020 while the Covid pandemic was holding Trump's signature.
According to Doge, it saved an estimated $55 billion through its efforts. However, recent reports suggest that the actual figures are likely to be far below that.
On Wednesday, Bloomberg reported that Doge's website accounted for $16.6 billion out of the $55 billion it claims to have saved. On Tuesday, the New York Times said Doge misquoted $8 billion in savings on a federal contract that actually cost $8 million.
Meanwhile, much of Doge's efforts have been met with court agendas. However, a federal judge on Tuesday declined a request to stop Doge from stopping access to federal agencies' computer systems or to stop the order to fire government workers while the lawsuit is underway.
