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Elon Musk: Social Security recipients should get more money after DOGE’s work

  • Elon Musk suggested that Social Security recipients should receive more money after discussing fraud, claiming that fraud claims have been exaggerated.
  • Musk claimed that a significant portion of callers to Social Security’s 1-800 number are fraudsters, a statement contradicted by actual fraud rates.
  • The Social Security fraud rate is reported to be only 0.00625 percent, which is much lower than that of private sector retirement programs.
  • Social Security Works aims to protect those dependent on Social Security and maintain it as a vehicle of social justice.
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RealClearMarkets broke the news in on Friday, March 28, 2025.
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