Summary
Elon Musk announced plans to cut federal entitlement spending, claiming without evidence $500-700 billion in annual “waste and fraud” from programs like Medicare and Social Security.
Analysts dispute this figure: “There is not $500 to $700 billion of waste in benefit programs every single year ― that number is absurdly large.”
True inefficiencies lie in Medicare Advantage. Insurers overcharge the government by $80 billion annually, with government auditors finding it costs 20% more than traditional Medicare.
However, the Trump-Musk administration’s approach of closing regional HHS legal offices and appointing TV doctor Mehmet Oz to oversee Medicare suggests they may target entitlements themselves rather than merely addressing inefficiencies.
Prison. The fucktard need to be in prison. He’s doing very illegal things and hurting millions of citizens in order to empty the bank accounts and transfer the money.
I think the penalty for treason is a bit harsher.
If the government fails to act we shall pray to the Nintendo gods.