Robby Soave and Niall Stanage discuss Elon Musk threatening social security and medicare with the incoming Trump administration.Rising Elon Musk's DOGE vows to cut $2 trillion; Social Security and Medicare on the chopping block? Rising Dec 10, 2024 / 09:11 AM PDT JB Pri...
Those claims haveinvariably collapsedunderscrutiny. Indeed, it has become rather embarrassing lately. Musk claimed, for example, that millions of people over the age of 130 were receiving Social Security checks — he said it was perhaps “the biggest fraud in the ...
no matter how popular — is to have President Trump come out in favor of it. And this Pavlovian reaction was on full display when presidential adviser and multibillionaireElon Muskrecently called Social Security “the biggest Ponzi Scheme of all time.” Because that’s what it actually is. ...
“Social Security is the biggest Ponzi scheme of all time,” Musksaid. The national press office for the Social Security Administration could not be reached byFortunefor comment. When Americans retire, they collect their basic pension, the costs of which are financed...
Trump suggested that Cabinet and agency leaders would take the lead, but Musk could push harder down the line.If they can cut, its better. And if they dont cut, then Elon will do the cutting.He had said in the earlier post that Musk and Cabinet officials will meet every two weeks to ...
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But Musk also discussed some of the shocking discoveries made by his DOGE team as they have sifted through the federal bureaucracy. Perhaps most galling was that 5.5 million people who entered the U.S. illegally during Joe Bidens presidency were issued Social Security numbers, making them ...
Elon Musk speaks at an indoor Presidential Inauguration parade event on Jan. 20. Matt Rourke—AP Photo TheDepartment of Government Efficiency,run by President Donald Trump’s billionaire adviser andTeslaCEO Elon Musk, has gained access to sensiti...
“This is why the Democrats want to destroy me,” Musk says, previewing the clip, in which he explains a cynical view of the US political system where, he says, Democrats are plotting to use entitlement spending such as Social Security, Medicare and disability payments to lure undocument...
“This is why the Democrats want to destroy me,” Musk says, previewing the clip, in which he explains a cynical view of the US political system where, he says, Democrats are plotting to use entitlement spending such as Social Security, Medicare and disabili...