Musk eyes Social Security and benefit programs for cuts while claiming widespread fraud

[Zorro]

Source: AP via Yahoo Finance

Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his crusade to reduce government spending.

The billionaire entrepreneur, who is advising President Donald Trump, suggested that $500 billion to $700 billion in waste needed to be cut.

“Most of the federal spending is entitlements,” Musk told the Fox Business Network. “That’s the big one to eliminate.”

The comments on the popular program and other benefits provided to Americans could rattle politicians on both sides of the aisle as Musk works to downsize the federal government, especially as he already faces blowback for his chainsaw-wielding approach to laying off workers and slashing programs.

Read more: https://finance.yahoo.com/news/musk-eyes-social-security-benefit-224608104.html

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Taking away the earned benefits of seniors will motivate lots of protests, which will give the administration a reason to invoke martial law. Coup is then complete.

[Klarkashton]

1. Let's face it, the bastard is after eliminating the payroll tax on employers.

There is no fraud.

That fucker needs a dark alley attitude adjustment.

[questionseverything]

3. It would be virtually impossible to serve over 70 million people

And have zero fraud but ss had investigators (before *usk fired them) to take care of that

[Rebl2]

8. Yup

[Mr. Evil]

9. What he needs is the Mussolini treatment.

[elocs]

11. It would be naive to believe there is no fraud, but it is not widespread.

So go after the abusers, except the SSA employees have been cut so significantly it makes that impossible so Musk will punish everyone.

[Klarkashton]

15. Unless there is some proof provided I'm safely assuming

It's all bulsshit

[C_U_L8R]

2. Not one shred of evidence.

He's hallucinating (still)

[CousinIT]

7. Yep. Only 1% of Social Security payments are "improper" and usually rectified quickly. This is...

Minuscule compared to any other retirement programs.

They have done an awesome job being as understaffed & underfunded as they have been for 50 years.

Their operational overhead is also very low.

It’s the best and best-run anti-poverty program in the country and has been for 90 years.

UNTIL NOW.

AFTER they DESTROY the VA, Medicare, Medicaid and Social Security, this will be the mantra:

“If these agencies can’t function efficiently, then we need to privatize them or shut them down because the level of spending they require isn’t sustainable.”

[getagrip_already]

4. There was never any way to eliminate $3T without gutting entitlements...

The disrectionary part of the federal budget is under $1T, including defense.

The only way to reach that number is to slash ss, medicare, retirements, etc.

And that is their plan.

[elocs]

12. You're going to get a lot of blow-back here by referring to SS as an "entitlement". n/t

[getagrip_already]

16. Thats how the gov has always classified it, no?

And how the congress has.

I didnt make that up.

[bob4460]

5. We need to have a mass campout at the social security offices!

And get Bernie to be in Washington to try to stop them when they come in the front door! This is a congressionally mandated system that has been in effect for over 90 years and somebody needs to stop them!

[elocs]

13. My SS office is closed. n/t

[red dog 1]

6. Martial Law is coming!

After hundreds of thousands of Social Security recipients take to the streets all over America.

(Is he dead yet?)

[elocs]

14. Martial law is why there will be no midterms.

Thousands taking to the streets for whatever reason will eventually give Trump the reason to declare martial law after his infiltrators have caused violence and looting. Coming to a country near you--wait for it.

[Yo_Mama_Been_Loggin]

10. Lying sack of crap