Armstrong Proposes Spending Reform in Elon Musk-Led D.O.G.E. Initiative  

• Brian Armstrong recommends a constitutional spending cap tied to GDP, aiming for efficient government financial management under the D.O.G.E. initiative.  
• Armstrong suggests a U.S. sovereign wealth fund distributing dividends, ensuring citizen engagement in government spending decisions.  
• D.O.G.E. initiative aligns with cryptocurrency enthusiasm, with Dogecoin’s price surging 12.22% following increased project visibility.  

Coinbase CEO Brian Armstrong has introduced impactful ideas to the Department of Government Efficiency (D.O.G.E.), spearheaded by Elon Musk and Vivek Ramaswamy. This advisory commission aims to cut federal spending and reduce the national deficit by $2 trillion by July 2026. Armstrong’s proposals seek to streamline financial governance and promote sustainable economic growth. 

Spending Cap Proposal  

Armstrong suggested a structural reform to impose a constitutional cap on government spending. Specifically, he proposed limiting federal expenditures to a fixed percentage of the gross domestic product (GDP), recommending a target of around 10%. He believes such a limit would ensure fiscal discipline while fostering economic resilience.  

Sovereign Wealth Fund Concept  

Another notable idea from Armstrong includes creating a U.S. sovereign wealth fund. Under this model, citizens would receive shares and surplus budget revenues could be distributed as dividends. Armstrong emphasized that this approach would enhance accountability, ensuring that both lawmakers and the public carefully assess government expenditures.  

Incentives for Lawmakers

Additionally, Armstrong suggested offering lawmakers larger stakes in economic growth. By tying their incentives to long-term fiscal policies, he argued, policymakers would be encouraged to prioritize sustainable development over short-term gains.  

Impact on Cryptocurrency  

The D.O.G.E. initiative has sparked notable interest in the cryptocurrency community. Following its announcement, Dogecoin, which shares the initiative’s acronym, witnessed a 12.22% price surge, reaching a market capitalization of $427 million. This overlap between government branding and crypto enthusiasm has further elevated the initiative’s visibility.  

Armstrong’s recommendations come at a crucial time as the U.S. government explores innovative ways to balance economic priorities. By combining structural reforms and citizen-focused strategies, D.O.G.E. could set a precedent for transparent and efficient governance.