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TechFlow news, February 20 — According to Jinshi News, Musk stated that the "DOGE dividend" will not trigger inflation, as the funds come entirely from spending cuts and the beneficiaries are mostly taxpayers inclined to save. He described his goal of cutting $2 trillion in federal spending as the "ideal outcome."
Previous report: Trump said he is considering distributing 20% of the savings from DOGE to Americans, with another 20% used to repay debt.
According to Jinshi, Musk said the "DOGE dividend" would not trigger inflation because the funds come entirely from spending cuts and the beneficiaries are mostly taxpayers inclined to save. His goal of cutting $2 trillion in federal spending is the "ideal outcome." Earlier, Trump said he was considering distributing 20% of the savings from DOGE to Americans, with another 20% used to repay debt.
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