Speaker Johnson opposes DOGE grants

 DC Daily Journal:

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During the Conservative Political Action Conference (CPAC) on Thursday, House Speaker Mike Johnson expressed strong disapproval of a proposal to use savings generated through the Department of Government Efficiency (DOGE) to send direct checks to Americans. The idea, known as the “DOGE dividend,” was first introduced by James Fishback, CEO of an investment firm, who shared it on the social media platform X on Wednesday.

Fishback’s plan suggested that 20% of the federal savings through DOGE, which he estimates could amount to $2 trillion, should be returned to citizens in the form of $5,000 checks. Elon Musk responded positively to the proposal, stating that he would “check with the president.” The following day, former President Donald Trump echoed Musk’s sentiments, expressing interest in the idea.
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While the proposal garnered significant attention from figures like Musk and Trump, Johnson, a prominent conservative leader, voiced skepticism. “Well, look, politically that would be great for us — you send everybody a check, but if you think about our core principles, fiscal responsibility is what we do as conservatives,” Johnson said. He emphasized the need to address the nation’s significant fiscal challenges, noting the current $36 trillion federal debt and the growing deficit. “I think we need to pay down the credit card,” he added, aligning with conservative priorities of reducing national debt rather than distributing checks.
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As much as I might like to get a $5,000 check to pay down my loan on my truck, I think Johnson is probably right.  It would not be enough to pay it off so the outflow would continue.

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