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Sujit Kumar
Feb 19, 2025

Trump and Musk Allege Widespread Social Security Fraud

Social Security Fraud
President Donald Trump and Elon Musk’s DOGE have recently intensified their claims regarding Social Security fraud. Speaking at a press briefing in Florida on Tuesday, Trump asserted that “millions and millions” of centenarians were receiving Social Security payments, labeling the situation as “fraudulent or incompetent.” He argued that removing these individuals from the system would strengthen the program. In parallel, Elon Musk echoed similar concerns on his social media platform, X, even humorously suggesting that vampires might be fraudulently collecting benefits.

Criticism and Lack of Evidence

Despite the bold statements from Trump and Musk, these claims have been met with significant criticism. Analysts and officials argue that the allegations are exaggerated and lack concrete evidence. A July 2024 report from the Social Security Inspector General found that between 2015 and 2022, the agency disbursed $71.8 billion in improper payments, which constitutes less than 1% of total benefits. Additionally, the U.S. Treasury recently reclaimed $31 million in federal payments mistakenly sent to deceased individuals. These figures indicate that while some errors exist, the scale of the problem is much smaller than Trump and Musk suggest.

Musk’s Role in Oversight and Government Efficiency

Musk, a vocal advocate for government efficiency, has recently taken steps to promote transparency and reduce waste through the Department of Government Efficiency. However, court filings have clarified that Musk is not officially employed by the agency, serving only as a senior adviser without decision-making authority. As legal challenges mount against their claims and methods, both Trump and Musk continue to push for drastic federal spending cuts, including proposals to eliminate entire agencies.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Trump and Musk Allege Widespread Social Security Fraud
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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