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Home»US News

Elon Musk, Doge’s stimulation floating by Trump

Artificial IntelligenceBy Artificial IntelligenceFebruary 20, 2025 US News No Comments3 Mins Read
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Speaker Mike Johnson (R-La.) shows that he is not a fan of the proposal to send inspiring American checks with money saved by the Department of Government Efficiency (DOGE), and he is It shows that they believed that the funds would be better directed towards the national debt. .

“Well, I think politically, that’s great for us, because everyone gives a check,” Johnson said in a Q&A session at the Conservative Political Action Conference (CPAC) on Thursday He spoke.

“But if you think about our core principles, then rightly, financial responsibility is as conservatives. That’s our brand. And we have a federal debt of $36 trillion. It’s there.”

Scoop: Major Conservative Caucus Draws Red Lines in House Budget Plans

House Speaker Mike Johnson, R-La. , right, he showed he was not excited about President Donald Trump’s dog stimulus package. (Getty Images)

Johnson added that there has been a “huge deficit” in 2025 so far, more than $838 billion, according to the Center for Bipartisan Policy. The US was working on the same.

“I think we need to pay back our credit cards, and that’s what we think we need to do,” Johnson said.

President Donald Trump comes after speaking at the FII Priority Summit on Wednesday in Miami, saying he is considering returning 20% ​​of his Doge-led savings to US taxpayers.

Doge-leading billionaire Elon Musk said he’ll be “checking the president” on the proposal on X on Tuesday after being first floated by Azoria Investment Firm CEO James Fishback.

Elon Musk hopes Doge cuts $2 trillion from the federal budget. (AP/Alex Brandon)

Doge’s goal under Musk is to cut federal spending by $2 trillion.

In his sit-in statement with Newsmax on Thursday, Johnson also said he would see “the biggest tax increase in US history” before the 2017 Tax Cuts and Employment Act (TCJA) expires at the end of this year. I warned that it could be done. .

Congressional Republicans are now using the majority to extend Trump’s tax cuts and using the budget settlement process to pass border priorities through large bills.

Black Caucus Chairs accused Trump of “purge” of “minority” federal workers

Due to the settlement, Johnson and the Republicans were forced to take on the DN.Y. (Getty Images)

Under the settlement, both the Senate and the House of Representatives operate under a simple majority, allowing powerful parties to pass large budget bills without the help of the opposition. Typically, the threshold for passing Senate is two-thirds.

Click here to get the Fox News app

“We brooch the regulated state and suppress bureaucracy. We put a lot of details, many subcategories under all of that. But it would be a big and beautiful bill. It’s us Gives the best chance of success. “I’ve voted one for many of this.”

If extended by Trump’s tax cuts alone, it is expected to cost more than $4.5 trillion.

Elizabeth Elkind is the main reporter of Fox News Digital’s reporting in the House of Representatives. Previous digital bylines seen on Daily Mail and CBS News.

Follow me on Twitter at @liz_elkind and send tips to Elizabeth.elkind@fox.com

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