Elon Musk Advocates $500 Billion Cuts to Social Security Through Trump's Efficiency Initiative
Musk's Department of Government Efficiency faces pushback over plans to reduce federal spending while expanding its workforce.
- Elon Musk, senior advisor to President Trump, has proposed cutting $500 billion annually from Social Security and Medicare, calling entitlement programs the largest source of federal waste.
- The Department of Government Efficiency (DOGE), led by Musk, plans to double its workforce from 100 to 200 employees while expanding its presence across nearly all federal agencies.
- Musk's claims of widespread fraud in Social Security have been debunked, with official reports showing improper payments at less than 1%, contradicting his 10% assertion.
- DOGE's cost-cutting measures, including mass layoffs and contract cancellations, have sparked tensions within the Trump Cabinet and prompted legal challenges over its authority.
- Musk has admitted that his role in DOGE is straining his businesses, with Tesla's stock dropping 15% and reports of vandalism targeting Tesla facilities.
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