Can Trump and Elon Really Fund DOGE Checks? The Truth Behind the Hype
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 25 February 2025
⏱️ 31 minutes
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Summary
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Transcript
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| 0:00.0 | Trump may send out $5,000 in Doge checks. |
| 0:07.2 | And the question is, can he do this? |
| 0:10.2 | Will it spark inflation? |
| 0:12.0 | And what is a good investment strategy to do with this money? |
| 0:16.2 | Is even under consideration a new concept where we give 20% of the Doge savings to American citizens |
| 0:23.6 | and 20% goes to paying down debt because the numbers are incredible, Elon. |
| 0:29.2 | So many billions of dollars, billions, hundreds of billions. |
| 0:32.4 | Well, they say that there's been 55 billion so far accounted for, right? |
| 0:38.2 | Correct. |
| 0:38.7 | But I did look into this. |
| 0:40.4 | It's a $400 billion bill. |
| 0:42.8 | So that's the number. |
| 0:44.0 | Like, so this is, they're not even close to that yet. |
| 0:47.9 | So those of you who think they're coming quickly, you better, you know, lower your expectations. |
| 0:53.5 | Now, however, somehow they've come up with $2 trillion of savings. |
| 0:58.6 | So that's actually the target. |
| 1:00.6 | Right, the target for them. |
| 1:02.2 | Well, there's a couple different, so Elon and Trump said two different things. |
| 1:07.8 | So Elon said that if we got to 400 billion, he could give the everybody |
| 1:14.1 | $5,000. Trump said if we could get to $2 trillion, you could get 20%. So that would be, you know, |
| 1:23.2 | the $5,000 per taxpaying family. Right, right, right. And it's important that this is per tax paying family, too. |
| 1:30.4 | So if you didn't pay tax in 2025, then you're probably not even entitled to this. |
... |
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