- Elon Musk Eyes Social Safety and Medicare As Key Targets for Cuts, Musk advises President Donald Trump on eliminating inefficiencies.
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Remarks on support could unsettle lawmakers from each events.
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Musk’s fraud projection surpasses estimates from oversight our bodies.
On Monday, Elon Musk introduced up some outdated claims about Social Safety, saying that federal help packages are rife with fraud. He steered that tackling this subject could be a key a part of his effort to chop down on authorities spending.
Musk, who’s at present advising President Donald Trump, mentioned that we may eliminate between $500 billion and $700 billion in inefficiencies. “A lot of the federal spending goes to entitlements,” he identified in an interview with the Fox Enterprise Community. “That’s the place we actually must focus.”
His feedback in regards to the standard program and different types of support may disturb lawmakers from each side of the aisle, particularly since Musk is making an attempt to streamline the federal authorities amidst criticism for his aggressive job cuts and program reductions.
Musk’s claims about fraud in entitlement packages are a lot increased than the estimates from oversight organizations. As an example, Social Safety’s inspector basic beforehand documented $71 billion in improper funds between 2015 and 2022, which is definitely lower than 1% of the full advantages paid out throughout that point.
He additionally said that there are “20 million people who find themselves undoubtedly deceased but nonetheless listed as alive within the Social Safety system.”
Nonetheless, the top of the company has pushed again in opposition to these claims of widespread funds to the deceased. “These people aren’t essentially gathering advantages,” famous Lee Dudek, the performing commissioner of Social Safety.
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Final Up to date on March 11, 2025 by 247 Information Round The World
