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Elon Musk proposes five thousand dollar payment to taxpayers amid federal cuts

Elon Musk and entrepreneur James Fishback propose the DOGE Dividend, which aims to provide $5,000 checks to taxpayers as part of savings from federal spending cuts. Approximately 79 million households could benefit, but many would be excluded, particularly lower-income taxpayers. Congress has yet to approve the plan, facing skepticism over the projected savings and concerns about the national debt, with implementation tentatively set for July 2026.
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