Trump says he's considering returning 20% of DOGE savings to Americans
US President Donald Trump on Wednesday, February 19, said his administration is considering returning 20% of savings identified by Elon Musk's Department of Government Efficiency initiative to Americans.
Speaking at a meeting of global financiers and tech executives hosted by Saudi Arabia's sovereign wealth fund in Miami, Trump said he is also considering using another 20% of the savings to pay down the federal government's debt.
US NETWORK POOL / REUTERS VIDEO
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US President Donald Trump on Wednesday, February 19, said his administration is considering returning 20% of savings identified by Elon Musk's Department of Government Efficiency initiative to Americans.
Speaking at a meeting of global financiers and tech executives hosted by Saudi Arabia's sovereign wealth fund in Miami, Trump said he is also considering using another 20% of the savings to pay down the federal government's debt.
US NETWORK POOL / REUTERS VIDEO
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Visit our website at https://www.manilatimes.net
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Facebook - https://tmt.ph/facebook
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DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
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Stitcher: https://tmt.ph/stitcher
Tune In: https://tmt.ph/tunein
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NewsTranscript
00:00We've accomplished more in four weeks than most
00:02administrations accomplish in four years.
00:06On my first day in office, I imposed an
00:08immediate federal hiring freeze, a federal
00:10regulation freeze, and a foreign aid freeze.
00:14I signed an order creating the Department of
00:16Government Deficiency and put a man named Elon
00:20Musk in charge.
00:21Thank you, Elon, for doing it.
00:22And he's doing a great job.
00:27I wish you could have seen him last night.
00:29It's really, you know, he's a very committed person.
00:31He's a seriously high-IQ individual.
00:35Now, he's got his faults also, I will tell you
00:36that.
00:37But not too many of them, which is now really
00:41waging war on government waste, fraud, and abuse.
00:43And they're curbing inflation and saving
00:46taxpayers billions and billions of dollars every
00:49single day.
00:50And there's even, under consideration, a new
00:53concept where we give 20 percent of the doge savings
00:57to American citizens and 20 percent goes to paying
01:00down debt.
01:01Because the numbers are incredible, Elon.
01:03So many billions of dollars.
01:05Billions.
01:05Hundreds of billions.
01:06And we're thinking about giving 20 percent back to
01:09the American citizens and 20 percent down to pay
01:13back debt and pay down debt, which is positive
01:16news.
01:17Stand up, Elon.
01:17He's a great guy.
01:19He's a great guy.
01:49He's a great guy.