(Reuters) – U.S. President Donald Trump on Wednesday said his administration is considering returning 20% of savings identified by Elon Musk’s Department of Government Efficiency initiative to Americans.
Speaking at a meeting of global financiers and tech executives hosted by Saudi Arabia’s sovereign wealth fund in Miami, Trump said he is also considering using another 20% of the savings to pay down the federal government’s debt.
(Reporting by Andrea Shalal; writing by Ryan Patrick Jones; Editing by Leslie Adler)
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