Elon Musk’s 'Ponzi Scheme' Claim Clashes With Trump’s Social Security Pledge As GOP Tensions Rise

Elon Musk’s 'Ponzi Scheme' Claim Clashes With Trump’s Social Security Pledge As GOP Tensions Rise

According to NBC News, Donald Trump has reaffirmed his pledge not to cut Social Security. Elon Musk's growing influence in federal cost-cutting has raised tensions within the Republican Party. Musk oversees the Department of Government Efficiency and  recently called Social Security a “Ponzi scheme." Musk’s plan to cut up to $2 trillion in federal spending would likely require reductions to entitlement programs like Social Security. Improper payments comprised less than 1 of benefits from 2015 to 2022.


User: Benzinga

Views: 1.3K

Uploaded: 2025-03-24

Duration: 00:36

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