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Insider’s Report: How much will Elon Musk try to cut?
Elon Musk with President Trump
Social Security is not a playground for billionaire Elon Musk and his unqualified minions (who do not understand how Social Security works) to run amok. But now that they’ve breached the Social Security Administration’s security, they’re misreading SSA data and falsely claiming rampant “fraud” at the agency.
Buying into Musk’s lies, President Trump is now calling Social Security’s database “a scam.” Does that mean the president will go back on his promise not to cut Social Security? Seniors, people with disabilities and Americans everywhere of good conscience should be on high alert.
According to President Trump’s Commerce Secretary Howard Lutnick, billionaire “Elon was going to cut $1 trillion of waste, fraud and abuse. Think about it. We have almost $4 trillion of entitlements, and no one's ever looked at it before.”
He went onto say, “You know Social Security is wrong. You know Medicaid and Medicare are wrong. So he's going to cut a trillion ...”
It’s clear Musk does not understand Social Security. After his intrusion into SSA, Musk ranted on X, “There are far more ‘eligible’ social security numbers than there are citizens in the USA.” He also alleged that more than one million 150-year-olds are claiming Social Security benefits.
In response to these outrageous claims, former Social Security Administrator Martin O’Malley stated, “There is not like a zombie apocalypse of people, you know, cadavers running around with Social Security checks coming out of their pockets.”
Bottom line, by pushing lies about Social Security, Musk and others ideologically opposed to this program are trying to undermine public support for Social Security, which would make the program vulnerable to deep cuts and radical “reforms.” It’s a cynical ploy to convince the American public and President Trump that it's not worth defending.
And that tees up nicely the legislative effort now underway to find enough cuts in the federal budget to pay for an extension of the Trump tax cuts for the wealthy and huge corporations — to the tune of $4.5 trillion.
Attacking programs that workers and retirees have paid into and earned over a lifetime of work is callous and cowardly. But it could work unless we fight back now.
The National Committee is working to expose and stop any cuts to seniors’ earned benefits, especially when those cuts will be used to fund massive tax breaks for millionaires and billionaires.
Help us keep the pressure on Congress to protect seniors’ earned Social Security benefits by signing our Emergency Petition to Congress today. ( [link removed] )
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Your Morning Read
At a time when your earned benefits are under constant threat, it’s more important than ever to stay informed! Your Morning Read keeps you on top of the latest news about Social Security, Medicare, Medicaid and other vital retirement-related issues for working Americans and retirees. Every morning, we compile the news stories that matter into one quick and easy digest. We comb the leading news sources so you don’t have to — including the Washington Post, New York Times, Wall Street Journal, Politico, Axios, Forbes, Kaiser Health News, CNN and more. Start your free subscription today! ( [link removed] )
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Whether you’re retired or approaching retirement, our team of experts in the field of Social Security policy is available to answer your questions about benefits.
You can either search our archives ( [link removed] ) for valuable advice on a broad range of concerns or submit your question here ( [link removed] ).
This week’s question is:
Have there been any changes regarding Social Security Disability Insurance benefits and investing? Is it still not considered earned income?
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Whether you’re currently retired or approaching retirement, we can help answer your questions and provide valuable advice on Social Security.
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Your support sustains our campaigns in Washington to protect and strengthen Social Security and Medicare.
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Social Security Benefits
Learn more about the Social Security program and the policies the National Committee supports that would strengthen your earned benefits.
Privacy advocates file lawsuit to stop DOGE from peeking at IRS taxpayer data ( [link removed] )
"There is no justifiable reason for Musk and DOGE to have access to Americans' deeply personal information," said Max Richtman, President of the National Committee to Preserve Social Security and Medicare. (February 18, 2025, NPR, Scott Horsley and Obed Manuel)
Read More → ( [link removed] )
Here’s a key Social Security issue that Elon Musk’s DOGE task force could tackle — and it’s not fraud ( [link removed] )
“The reason why Michelle King was opposed to providing sensitive information is that they have repeatedly proven their untrustworthiness and they operate in secret,” said Dan Adcock, Director of Government Relations & Policy for the National Committee to Preserve Social Security and Medicare. “We don’t know how they’re using this information.” (February 19, 2025, Market Watch, Alessandra Malito)
Read More → ( [link removed] )
Advocates Warn 'Musk Is Stealing Your Personal Social Security Data' as DOGE Infiltrates Agency ( [link removed] )
“Seniors, people with disabilities, and Americans everywhere of good conscience should be on high alert,” said NCPSSM President, Max Richtman. “When a dedicated public servant resigns after more than 30 years due to the intrusive activities of Elon Musk and DOGE, that truly is a ‘canary in a coal mine’ moment.” (February 18. 2025, Common Dreams, Jake Johnson)
Read More → ( [link removed] )
Americans Across Party Lines Support Social Security & Reject Cuts ( [link removed] )
A new survey released by the National Institute on Retirement Security (NIRS) confirms that majorities of Americans across party lines support Social Security — and do not want to see benefits cut. On this episode of our podcast, NIRS research director Tyler Bond tells us that while policymakers in Washington are seriously divided, the public is largely united on the issue of Social Security. (February 18, 2025, National Committee’s “You Earned This” Podcast)
Listen Here → ( [link removed] )
Musk misreads Social Security data, millions of dead people not getting benefits, experts say ( [link removed] )
President Donald Trump and Elon Musk, in their hunt for “fraud, waste and abuse” in the federal government, are falsely implying millions of dead Americans are receiving Social Security benefits. (February 19, 2025, ABC News, Alexandra Hutzler)
Read More → ( [link removed] )
Trump Social Security Tax Plan: Which Millennials Benefit Most ( [link removed] )
Maria Freese, senior Social Security expert and senior legislative representative at NCPSSM, told Newsweek: “We believe that because his plan hastens the depletion date of the trust fund by two years, it is inherently dangerous for the program and for beneficiaries. All current and future beneficiaries deserve to know that they will receive their full earned benefits, as they have been able to do for nearly ninety years.” (February 14, 2025, Newsweek, Claire Dickey)
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This Social Security Blueprint Would Raise Retirement Age for High Earners ( [link removed] )
"In one of the wealthiest countries in the world, seniors and other beneficiaries should not be asked to bear the burden of improving the program's finances," according to the National Committee to Preserve Social Security and Medicare. (February 13, 2025, Think Advisor, Melanie Waddell)
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