Posted on 03/02/2025 9:17:42 AM PST by Libloather
Social Security has never missed a benefit payment since the program first began sending individuals monthly benefits more than eight decades ago.
But the recent actions at the U.S. Social Security Administration by Elon Musk’s so-called Department of Government Efficiency are putting monthly benefit checks for more than 72.5 million Americans at risk, former commissioner and former Maryland governor Martin O’Malley told CNBC.com.
“Ultimately, you’re going to see the system collapse and an interruption of benefits,” O’Malley said. “I believe you will see that within the next 30 to 90 days.”
Ahead of any interruption in benefits, “people should start saving now,” O’Malley said.
The Social Security Administration uses multiple systems and technologies that Elon Musk has criticized for leading to errors. As commissioner, O’Malley told Congress the agency needed more funding for IT modernization.
O’Malley said DOGE leaders are now making changes at the agency, and significant staff cuts have already led to system outages. Those intermittent IT outages may happen more frequently and for more extended periods of time until there is a “system collapse and an interruption of benefits,” he said.
**SNIP**
The Department of Government Efficiency, also known as DOGE, is not a federal department. And Musk, whom President Donald Trump brought on board to implement DOGE, is not an elected official.
Since its establishment, DOGE has looked to slash spending at federal government agencies.
(Excerpt) Read more at cnbc.com ...
More CNBSC gaslighting.
former this, ex that ... who cares ...
FEARMONGERS!!! SCARE THE OLD LADIES!!
So what’s the 51 former intelligence office peoples have to say, (declare!) about it?
Social Security has never missed a benefit payment
It will go bankrupt because of the manner in which it is funded! Its funding method is similar to how a Ponzi Scheme works. Rooting out all the fraud just pushes the day of reckoning further out!
And no you have no asset ownership in the money you paid in! There have been several USSC decisions in the past confirming that.
Old Democrat strategy: SCARE THE FEEBLE-MINDED.
Why is “going bankrupt” claptrap?
We owe 38 trillion.
What’s bankrupt to you? 50 trillion? :)
False. They have declared people to be dead, in error. Their benefits stopped for months as they struggled with bureaucracy.
Scare the old people. 🙄
Yes. Why did any elderly vote for Kumrade/Timpon? Fear engendered by non-stop Big Lies.
The guy who recently ran for Chair of the DNC said that? No way....
Would they have us believe that they fill out those checks and envelopes by hand?
I hope whoever processes my check every month doesn’t gt laid off.
Never missed a payment...even to people who have no business getting payments.
Then stop having it deducted from paychecks.
“Ahead of any interruption in benefits, “people should start saving now,” O’Malley said.”
There won’t be any stoppage of SS checks. However people should have been saving and have enough money on hand to survive a temporary glitch in government checks.
Man those government employees are sure running scared ... Good
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