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Fishback suggests an ambitious plan where Doge could save approximately $2 trillion in government expenses. By allocating 20% of these savings—amounting to roughly $400 billion—each of the 79 million eligible taxpaying households could be in line to receive a $5,000 check. Interestingly, this would exclude some low-income Americans who typically do not pay federal income taxes. The plan appears to emphasize increasing labor force participation by incentivizing taxpaying citizens.
Musk's Response and Underlying Assumptions
Elon Musk acknowledged Fishback's proposal, indicating a willingness to discuss it with former President Trump. Musk hinted that the proposed financial distribution could involve not just taxpayer compensation but also a significant portion to pay down national debt.