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Elon Musk Spent Months Trying to Cut Government Spending. Now He Says The Treasury Should Just "Issue People Checks"

Musk said artificial intelligence will make work optional and called for Treasury-funded checks, after DOGE’s savings claims were disputed.

Summary by 24/7 Wall St.
The man who spent months wielding a chainsaw against federal spending just told The Economist the Treasury should start writing checks to everyone. What happened between DOGE and that Gigafactory interview is a stranger story than the headline suggests.

4 Articles

The Trump administration, led by Elon Musk, announced a 90-day freeze on all foreign aid from the US government in early 2025. Thousands of contracts were subsequently terminated, leading to the final dissolution of the United States Agency for International Development (USAID) in July 2025. This has already had extremely serious consequences, and new research suggests that they could be even more serious, IFLScience reports.

·Budapest, Hungary
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Bias Distribution

  • 67% of the sources are Center
67% Center

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24 HU broke the news in Budapest, Hungary on Monday, July 27, 2026.
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