Posted on 02/19/2025 5:32:58 PM PST by Strict9
U.S. President Donald Trump revealed on Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans.
“There’s even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump said during his remarks at the FII Priority Summit in Miami Beach, Fla.
His remarks came after Elon Musk said in a post on X Tuesday that he “Will check
(Excerpt) Read more at cnbc.com ...
Troops first.
Whenever something is subsidized, it gets more expensive.
It’s bad enough when socialists want to pay some poor folks a base income with tax money. This, though only one time payment, will be “free” money to every household so will cause a rise, but probably small and temporary.
“Why should they get the same amount?”
They won’t.
I prefer it go to the debt, but I’m not going to refuse a little bit of money. Hope it won’t be inflationary.
What about the hundreds of billions that have been recently funneled to the Ukraine scammers. I want that money clawed back and returned to us. I don’t work hard all day so some weasel can ride around in a yacht and snort coke
The point is that our government has stolen at least this much and it does seem only right to give it back.
Letting the public raid the treasury is a bad idea.
What happens to those recruits when the payments stop? - They start voting for anyone who promises more bread and circuses.
There’s you daily roman-empire-thought.
lowering taxes and erasing the death tax and overtime taxes are a fine start
Its 80 percent to pay for the national debt and 20 percent which goes to US..sounds good to me, thats OUR money
If they concurrently reduce the budget to cut the graft along with the rest of the cuts we want, we may actually have lower tax bills anyway.
Less debt is less interest too, which is already taking a big slice.
Spoken like a true leftist.
What are you doing on this site?
Paying down the debt is giving it back.
Or would you rather see that debt keep rising?
Free money = inflation. Pay down the deficit instead!!!
“I don’t like it but I understand it. He’s buying off the 50% of the public that is too stupid to understand anything but free stuff.”
Exactly.
If somebody stole money from that put you into debt and then one day they started saving money or got a good job that paid better would you want them to pay back the money they stole or pay back the debt you went into because of it?
The current budget deficit is about $1.8T. So whatever reduced spending is achieved can help reduce the deficit. We are nowhere close to being in a position to pay down accumulated debt. First we need to move towards a balanced budget.
Trump’s efforts will help reduce the debt and expose past corruption.
Ultimately ... “someone has to go to prison, Ben.”
At first I was totally against the idea, thinking that it should go to pay down the debt. But upon further reflection, I think that some portion 10%? 15%?) should go to the people to show them how much more money they would have if they stop voting for the Democrats and the GOPe.
No Trump sent two checks...$1200 ea. I used them for my catarach surgery. Very happy. The timing was perfect.
Exactly. The interest on the national debt is enormous. Reduce the debt and the deficit shrinks automatically.
Both, that’s why I’d also like to see any bona fide cases of fraud prosecuted.
But government spending, taxation, and debt are not quite the same as individual stealing from an individual.
In that case it’s easy to peg a both a culprit and a number.
So in the government case, it makes more sense to me to put it back towards the debt instead of keeping the debt alive by sending out checks, especially when I’m certain it’s going to be in some socialist fashion.
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