President Trump likes a new idea: give taxpayers money saved by cutting government spending! Elon Musk's team is trying to cut $2 trillion. Some people say we could each get about $5,000 if this happens.
- The idea came from social media.
- Experts aren't sure if this much money can be saved.
- Giving out checks might make prices go up (inflation).
- It's unclear how much money will actually be saved.
Fact | Amount |
---|---|
Potential Savings | $2 trillion |
Potential Check Amount (if all goes as planned) | ~$5,000 |
Actual Savings so far (according to Musk) | $55 billion |