BREAKING: Trump Confirms NEW DOGE Tax Refunds – Billions Being Returned!
Published: 2025-02-20
Status:
Available
|
Analyzed
Published: 2025-02-20
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Department of Government Efficiency has proposed a dividend for US citizens from government savings, which Donald Trump appears to support.
"the department of government efficiency proposed that a portion of their savings should be given back to US citizens as a dividend and now Donald Trump seems to agree"
Pending
If the Department of Government Efficiency (DOGE) cuts $55 billion in spending, 20% of that ($11 billion) could result in a $129 dividend per person for approximately 85 million taxpayers.
"if Doge Cuts $55 billion worth of spending 20% of that is 11 bill million spread that amongst 85 million people and each person would receive wait for it $129"
Pending
If DOGE savings continue at their current trajectory for a full year, individuals could receive a refund of $1,550.
"if these savings continue at the same trajectory over the course of a year each person could see a $1,550 refund"
Pending
Economists propose allowing agencies to roll over unused funds into the next fiscal year and preventing Congress from using these funds to reduce future budgets as a way to make a sizable difference to the government deficit.
"if you want to make a sizable difference to the government deficit upfront in a way that's not controversial two economists proposed that you could simply allow agencies to roll over unused funds into the next fiscal year and don't let Congress use the funds as a gauge by which they reduce future budgets"
Pending
The speaker believes there is a good chance of receiving a dividend or refund within the next one to two years, but not in the immediate future.
"I actually think it's a pretty good chance over the next year or two but I don't think it's going to happen anytime soon"
Pending
The speaker predicts it's more likely to receive a federal tax credit for future tax payments than an immediate check or gift card.
"personally I think you're way more likely just to get a federal tax credit towards Money Paid in future years then you are to get a check or Visa gift card applied today"
Pending
The Federal Reserve is unlikely to cut interest rates further in the near future due to the high probability of increasing prices.
"we're unlikely to see them cut interest rates even further anytime soon given the high probability of prices believe it or not going higher"
Pending
Given current economic conditions, there is a strong likelihood that no interest rate cuts will occur in the near future.
"all of this points to a very strong chance that we're probably not going to see any rate Cuts anytime soon"
Pending
Interest rate cuts are not expected soon, with a long period ahead until inflation reaches the 2% target, especially if tariff costs are passed to consumers.
"we're not going to get rate Cuts anytime soon there's likely going to be a long road ahead of us especially if tariffs end up being passed back to the consumer and we're likely going to have to patiently wait for inflation to return back to 2% before we see any movements on interest rates"
Pending
Companies are likely to pass on higher input costs, such as those from potential tariffs, to consumers, leading to increased prices.
"firms would attempt to pass on to Consumers higher input costs arising from potential tariffs or in other words if companies end up paying more then you end up paying more"
Pending
Tax cuts and deregulation are expected to keep the economy strong but also maintain elevated prices.
"the economy is going to remain strong because of tax cuts and deregulation which is going to keep prices elevated"
Pending
A $100-$1,000 stimulus check is likely to be spent given the low savings rate and high household debt, potentially causing a small uptick in inflation, though likely less than in 2022.
"if people get a100 to ,000 check out of nowhere most likely it's going to be spent that's just the way it is I mean keep in mind as of now the personal savings rate is at an all-time low household debt is at an all-time high and if I were to bet if 11 billion suddenly enters the economy again there would most likely be a small uptick in inflation albeit probably a lot smaller than what we saw back in 2022"
Pending
A patient wait for inflation to return to the 2% target is expected before any interest rate movements occur.
"we're likely going to have to patiently wait for inflation to return back to 2% before we see any movements on interest rates"
Pending
The timeline for inflation returning to 2% and subsequent interest rate movements could be altered by a recession or unforeseen Black Swan event.
"unless we see a recession or any Black Swan event that we just can't see coming"
Pending
The speaker strongly supports reducing government spending on waste and unnecessary expenditures, believing it is long overdue.
"I think you could tell I'm a fan of reducing government spending waste unnecessary expenditures whatever you want to call it I think it's long overdue"
Pending
The speaker believes government spending should be transparent and traceable, citing issues like the Pentagon failing audits, politicians taking bribes, and missing funds.
"there should be no reality in which the Pentagon fails its seventh audit in a row politicians are caught taking bribes and hundreds of billions of dollars goes missing it just seems common sense that all government spending should be public and traceable down to the penny or I guess in this case no down to the nickel"
Pending
The speaker perceives a lack of accountability and incentive for the government to reduce spending, as they are accustomed to printing money and resorting to borrowing and taxing.
"I just think there's no accountability and no incentive for the government to spend any less money because they become so accustomed to just pressing a button and printing more money that it doesn't matter and the go-to solution has just been borrow more money tax the rich and blame the other side for your problems"
Pending
The actual impact and realistic savings from proposed spending cuts, as well as the risks of a 'cut first, find out later' approach, remain to be seen.
"it's yet to be seen how much of a difference this will actually make how much can realistically be saved and whether or not it's dangerous to take a cut first find out later approach"
Pending
The speaker expresses concern that cutting services or departments might have negative consequences that will only become apparent much later.
"I have concerns about cutting services or departments which could be of service but won't be found out until much later until maybe some damage is done"
Pending
A clarification regarding 150-year-olds collecting Social Security indicated they were on record without death certificates, not actively receiving benefits.
"remember that article about 150 year-olds collecting Social Security well as it turns out one of Trump's appointed Commissioners clarified that these were simply people on record who didn't have a certificate of death not that they were actually receiving benefits"
Pending
Ambitious headline savings figures may not reflect reality; economists suggest rolling over unused agency funds and preventing Congress from using them to reduce future budgets for a more impactful deficit reduction.
"some of the headline numbers you'll end up seeing are pretty ambitious not to mention if you actually want to make a sizable difference to the government deficit upfront in a way that's not controversial two economists proposed that you could simply allow agencies to roll over unused funds into the next fiscal year and don't let Congress use the funds as a gauge by which they reduce future budgets"
Pending