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Elon Musk has raised concerns about the Social Security Administration's payments, presenting questionable data that suggests potential fraud within federal entitlement programs. His comments have sparked alarm among beneficiaries and advocates, who fear for the security of their benefits under his oversight of the Treasury's payment system. The future of the SSA and its spending remains uncertain as Musk's team seeks to streamline government processes.
Elon Musk and Vivek Ramaswamy aim to cut $500 billion from federal spending, targeting programs like Social Security and USAID, which they deem wasteful. DOGE's access to the Treasury's payment system has raised concerns over data security and potential mismanagement of sensitive financial information. Critics warn that this could jeopardize the financial stability of millions relying on government benefits.
Max Richtman
People
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Elon Musk questions Social Security payments amid government efficiency efforts
14:41 17.02.2025
musk and trump target federal spending and access to treasury systems
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