A “DOGE Dividend” could be coming to a mailbox near you, President Donald Trump has announced.

Savings resulting from work by the U.S. Department of Government Efficiency should be, at least in part, returned back to taxpayers in the form of direct financial payments, Trump said aboard Air Force One on Wednesday. His answer came while responding to a similar proposal by Elon Musk, who said an equal part of the savings should go toward paying down the national debt.

“I love it,” President Trump said about Musk’s proposal. “A twenty percent dividend, so to speak, for the money that we’re saving by going after the waste, fraud, and abuse.”

Challenged about how much that might mean per taxpayer, Trump sounded an aggressive note.

“Could be a lot. I mean, if it’s twenty percent, we could give back a lot of money to the taxpayer,” he added, saying it would “give an incentive for the taxpayer to go out and report things to use where we can save money.”

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To cap the one-month anniversary of the Trump administration, DOGE announced that it has already saved taxpayers a stunning $55 billion, according to The Hill. Much of those savings were achieved by canceling or renegotiating leases and contracts, selling assets, canceling grants, finding regulatory savings, making programmatic changes to the government, and reducing the workforce.

Shuttering the U.S. Agency for International Development saved about $6.5 billion alone, Musk stated, while layoffs at the U.S. Department of Education achieved $502 million in savings. As evidence, DOGE has posted a “wall of receipts” on its website where visitors may view all savings to date; the evidence has also been shown by White House Press Secretary Karoline Leavitt during several press briefings.

President Trump established DOGE on his first day in office to realize savings through the reduction of waste, fraud, and abuse, a legitimate problem in the federal bureaucracy that both Democrats and Republicans agree can be improved. However, the speed and scope of DOGE’s cuts have caused many Democrats to protest what they claim are heavy-handed tactics that will ultimately backfire on the Trump administration as it seeks to carry out basic government functions.

However, without a lever of power in Washington, the opposition party is largely powerless to stop Trump and Musk from running roughshod over agencies which they allege haven’t been audited in years. On Thursday the White House confirmed that 6,000 new agents at the Internal Revenue Service would be laid off, building on GOP efforts to stifle its ability to harass Americans during tax season.

The last round of direct government payments to Americans was under President Trump’s first term when approximately $814 billion in pandemic assistance was doled out in the form of checks. Last week the IRS touted a program to make whole a small subset of Americans who did not receive their $1,400 lifeline nearly five years ago, saying that about one million Americans who did not claim the Recovery Rebate Credit on their 2021 taxes are eligible.