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Musk eyes Social Security and benefit programs for cuts while claiming widespread fraud

By Associated Press  
   March 11, 2025

Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his crusade to reduce government spending. The billionaire entrepreneur, who is advising President Donald Trump, suggested that $500 billion to $700 billion in waste needed to be cut. "Most of the federal spending is entitlements," Musk told the Fox Business Network. "That's the big one to eliminate."

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