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Elon Musk issues a worrying warning: His plan for Social Security unveiled

by Nereesha P.
February 18, 2025
in Economy
Social Security

Credits: AP

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As one of President Donald Trumpโ€™s top advisers and most controversial appointees, Elon Musk has given rise to significant discussion about his role as head of the Department of Government Efficiency (DOGE). Most recently, Muskโ€™s assertions about widespread fraud in federal entitlement programs, namely Social Security, have ignited intense debate.

According to the South African-born entrepreneur, the U.S. government is losing over $100 billion per year to fraudulent payments, alleging that these funds are disbursed to individuals lacking proper identification. However, his proposals to address these issues have been met with skepticism and concern, especially regarding privacy and the risk of government overreach.

Behind Muskโ€™s claims about โ€œ150-year-oldโ€ Social Security recipients

Recently, Musk claimed that Social Security payments are currently being distributed annually to individuals who are supposedly 150 years old or lack any identifying information on file.

โ€œThere’s crazy thingsโ€ฆ cross-re-examination of Social Security, and weโ€™ve got people in there that are 150 years old,โ€ he remarked. โ€œI think theyโ€™re probably deadโ€ฆ and then thereโ€™s a whole bunch of Social Security payments where there’s no identifying information.โ€

While he has suggested that these issues warrant immediate action, critics have pointed out that Muskโ€™s claims are not backed by solid evidence. Although a 2023 report identified about 19 million people born in 1920 or earlier without recorded death data, the notion that these payments are being made to centenarians has not been substantiated.

Whatโ€™s more, the 53-year-old tech mogulโ€™s proposal for increased oversight includes implementing strict categorization codes for payments and justifications in the comment field, aimed at curbing what he views as insufficiencies. However, this has encountered legal hurdles, with a preliminary injunction issued to block DOGE from accessing sensitive U.S. Treasury records.

As such, critics argue that Muskโ€™s push for oversight is less about improving efficiency and more about gaining access to and acquiring personal financial information.

The backlash against Musk has been enormous

Musk has faced considerable backlash for his statements and proposals, particularly from Democratic lawmakers and Social Security advocates who are worried about the potential consequences of his plans. The legal constraints placed on DOGEโ€™s access to Treasury records reflect the growing anxiety regarding privacy in an age where personal information is increasingly under threat.

โ€œThis is not about efficiency,โ€ says Martin Oโ€™Malley, the former Commissioner of the Social Security Administration. โ€œThis is about two things. This is about stealing the personal data of Americans. And it is about taking a lifetime of earned benefits โ€ฆ and turning it into a Bitcoin bank!โ€

Despite Muskโ€™s ambitious vision, many experts urge caution regarding his approach. After all, the concerns extend beyond privacy to the potential impact on entitlement programs that support millions of citizens.

The future of Social Security in the context of DOGE

As Musk continues to navigate the complexities related to his position in DOGE, the future of Social Security hangs in a delicate balance. His proposals to improve transparency and eliminate fraud are ambitious but come with challenges.

The injunction currently preventing access to Treasury records serves as a major stumbling block, which leaves many questions unanswered regarding the true scale of fraud that Musk claims exists.

As the situation unfolds, it is evident that any significant changes to Social Security will require careful deliberation and general agreement among lawmakers and the public.

Although Muskโ€™s plans for reform appear to stem from an urge to improve government efficiency, they face considerable resistance from a range of stakeholders. As the legal landscape evolves, the impact of his initiatives on Social Security and the wider implications for personal data privacy will be under scrutiny. For now, it remains to be seen whether his vision can align with the need for accountability and protection of American citizensโ€™ rights, especially their financial security.

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