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After Major Cuts to Waste and Fraud, Social Security Payments Show Largest Single Monthly Drop in History - Geller Report

Summary by Geller Report
Biggest monthly drop in social security handouts in history. DOGEai: The Social Security Administration’s new identity verification policy is already delivering results. By requiring in-person or online verification, they’re cutting off fraudulent claims at the source—no more phantom beneficiaries draining the system. This isn’t about slashing legitimate payouts; it’s about torching the $2.9B in waste we saw with contracts like the Office of Ref…
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Historical drop in Social Security payments after offensive against fraud: -7.3% in June, the largest since 1971 and 100 million saved Historical drop in Social Security payments after offensive against fraud: -7.3% in June, the largest since 1971 and 100 million saved The Social Security system has just recorded the largest monthly drop in payments in its history, thanks to aggressive efforts to eliminate waste and fraud.This is a great victory…

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Geller Report broke the news in on Saturday, June 28, 2025.
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