The Trump Administration will not cut Social Security, Medicare, or Medicaid benefits. President Trump himself has said it (over and over and over again).
Elon Musk didn’t say that, either. The press is lying again.
Here is Musk’s direct quote: “The waste and fraud in entitlement spending — which is most of the federal spending is entitlements — so, that’s, like, the big one to eliminate. That’s the, sort of half-trillion, maybe $6-700 billion a year.”
And he’s exactly right.
- FACT: The U.S. Government Accountability Office estimates taxpayers lose as much as $521 billion annually to fraud — and most of that is within entitlement programs, such as Medicare and Medicaid.
- FACT: Over the past two decades, the federal government has made an estimated $2.7 trillion in “improper payments” — the majority of which come in the form of “payments to deceased individuals or those who no longer [are] eligible for government programs.”
- FACT: The Social Security Administration made an estimated $72 billion in improper payments between 2015 and 2022.
- FACT: The Centers for Medicare & Medicaid Services estimated it made $140+ billion in improper payments in 2024 alone.
What kind of a person doesn’t support eliminating waste, fraud, and abuse in government spending that ultimately costs taxpayers more?
The White House
March 11, 2025
Sources: WH.gov, Midtown Tribune