The Trump-Muskrat plot to kill Social Security [View all]
Robert Reich
December 9, 2024
Elon Musk has revealed the truth about what he plans to do with his so-called Department of Government Efficiency (DOGE): Gut Social Security and Medicare.
Musk retweeted a series of posts by Utah's Republican Senator Mike Lee, who dubbed Social Security "deceptive" and called for it's dismantling.
"Interesting thread," Musk added.
On Thursday, Musk and his "DOGE" co-chair, Vivek Ramaswamy, went to Capital Hill to discuss their plans.
Republican lawmakers immediately announced that "everything is on the table,' including cutting Social Security and Medicare.
During the campaign, Musk said his goal was to cut $2 trillion -- or about 30 percent -- of the entire federal budget.
There's no way to do this without cutting Social Security, Medicare and Medicaid.
Social Security alone accounts for almost a quarter of the total federal budget.
Ramaswamy has been even more explicit about their plan, saying in a CNBC interview that "there are hundreds of billions of dollars of savings to extract" from Social Security, Medicare, and Medicaid.
More:
https://robertreich.substack.com/p/the-trump-muskrat-plot-to-kill-social