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White House plays with Social Security fire

The White House's claims of massive Social Security fraud have raised concerns about the legitimacy of payments to seniors, despite evidence suggesting that most "deceased" beneficiaries are simply old people with incomplete records. President Donald Trump's administration has a history of clumsy meddling in government agencies, and this latest move could lead to unintended consequences for vulnerable recipients. The true motivations behind the White House's actions remain unclear.

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Modifications to Social Security Under Trump: Three Key Changes Δ1.76

President Trump has proposed three significant changes to Social Security, although it is still early in his administration and specifics have yet to be finalized. One proposal includes reducing the cost-of-living adjustment (COLA) for recipients, which could result in lower benefit payments over time. Additionally, Trump's budget resolution calls for cuts to mandatory spending programs monitored by Congress, including Medicaid. Furthermore, some of Social Security benefits may be subject to taxation depending on a retiree's combined income.

Elon Musk Calls Social Security ‘The Biggest Ponzi Scheme of All Time’. Δ1.76

During a recent podcast with Joe Rogan, Elon Musk characterized the U.S. Social Security system as akin to a Ponzi scheme, raising alarms about its viability amid demographic shifts. He expressed concern that the system, which relies on a decreasing number of working-age contributors to support a growing retiree population, is unsustainable and in urgent need of reform. Musk's comments reflect a broader political debate about potential changes to entitlement programs, emphasizing the challenges posed by an aging population and declining birth rates.

Elon Musk Calls Social Security 'The Biggest Ponzi Scheme Of All Time' Δ1.75

Elon Musk has sparked controversy by calling Social Security "the biggest Ponzi scheme of all time," arguing that the program's long-term obligations far exceed its tax revenue. The billionaire argued on a podcast that people are living longer than expected, increasing the government's debt and ultimately threatening the viability of the program. However, this portrayal is at odds with data showing that Social Security has made significant progress in reducing improper payments over the years.

Trump Says He's Ending Public Service Loan Forgiveness for Nonprofits Involved in 'Improper' Activities Δ1.75

The White House plan to ban student borrowers from Public Service Loan Forgiveness if they work at certain nonprofits appears aimed at pro-Palestinian groups and charity organizations opposed to President Trump's policies. The administration is using the program as a tool to penalize groups that engage in constitutionally protected speech, such as informing undocumented immigrants of their rights or criticizing Israel. This move raises serious legal concerns about the president's authority to alter the terms of the program.

Social Security Benefits Get Boost Under New Law Δ1.75

The Social Security Fairness Act signed into law by former President Joe Biden aims to increase benefits for millions of Americans, including retroactive payments for those who had lost out on benefits due to the elimination of two provisions that reduced or eliminated their benefits. Beneficiaries will receive boosted checks, with some people eligible for over $1,000 more each month. The changes apply to around 3.2 million people, mostly government workers and civil servants.

Trump Administration Accused of Sidestepping Court Rulings Amid Spree of Legal Losses Δ1.74

The Trump administration continues to face setbacks in court over its efforts to drastically downsize the size of the federal government, with plaintiffs accusing the government of trying to sidestep judicial orders and ignore court decisions. A federal judge in California found a U.S. Office of Personnel Management memo that directed the firing of thousands of probationary employees was unlawful and should be rescinded, while another in Washington, D.C. ordered the restoration of foreign aid that was supposed to be freed weeks ago. The plaintiffs — and the judge — have accused the government of continued stonewalling.

DOGE's Email Demands Spark Concerns About Government Oversight. Δ1.74

The U.S. Department of Health and Human Services has told employees to respond to an email from the Trump administration demanding they summarize their work over the past week, reversing its earlier position on not responding to DOGE's emails. This move raises concerns about the authority of Musk's Department of Government Efficiency (DOGE) under the U.S. Constitution. Employees at HHS had previously been told that they did not have to respond to DOGE's emails due to concerns about sensitive information being shared.

Hidden Retirement Strategy Could Add $100,000 to Your Nest Egg Δ1.73

As President Donald Trump's initiatives, led by Elon Musk's Department of Government Efficiency (DOGE), cut staff and shut down multiple Social Security offices, an already understaffed system — with 7,000 fewer full-time employees and 7 million more beneficiaries than a decade ago — has become a significant concern for Americans. To mitigate the impact of reduced government support, it is crucial to implement effective wealth-building retirement strategies. A key overlooked strategy for reaching a six-figure income in retirement is utilizing a health savings account (HSA).

USAID Official Warns of Unnecessary Deaths From Trump's Foreign Aid Block, Then Says He's Been Put on Administrative Leave Δ1.73

Enrich warns of preventable deaths due to USAID dismantling as Trump's aid freeze affects Ebola, malaria, and tuberculosis efforts; DOGE blocks USAID payments despite waiver for lifesaving aid. The Trump administration's dismantling of the U.S. Agency for International Development will result in unnecessary deaths from withheld aid, according to a senior official. As a result, millions of people worldwide are at risk of suffering from preventable illnesses.

US Federal Workers Hit Back at Trump Mass Firings with Class Action Complaints Δ1.73

U.S. government employees who have been fired in the Trump administration's purge of recently hired workers are responding with class action-style complaints claiming that the mass firings are illegal and tens of thousands of people should get their jobs back. These cases were filed at the civil service board amid political turmoil, as federal workers seek to challenge the unlawful terminations and potentially secure their reinstatement. The Merit Systems Protection Board will review these appeals, which could be brought to a standstill if President Trump removes its only Democratic member, Cathy Harris.

Market Whiplash on Tariffs This Week Shows the Limits of Listening to Anyone but Trump Δ1.73

This week's rapid-fire tariff developments left markets reeling due to sharp shifts from President Trump and conflicting signals from his top advisers about what he planned to do. The confusion was in evidence all week, with Trump himself sometimes diverging on key decisions and details. The uncertainty has led to a whiplash effect, leaving investors feeling exhausted and uncertain about the future.

US Secret Service Shoots Armed Man Near White House Overnight, Agency Says Δ1.73

The US Secret Service has shot an armed man outside the White House early on Sunday after a confrontation, and the man is now in an area hospital. President Donald Trump was not in the White House at the time, as he is spending the weekend at his Florida residence. The incident occurred after authorities received a tip about a suicidal person traveling to Washington from Indiana, and the individual brandished a firearm before being shot.

Us House Democrats Press Kennedy over Health Agency Firings Δ1.72

Democrats in the House of Representatives demanded answers from US Health and Human Services Secretary Robert F. Kennedy Jr. on the exact number of employees fired from health agencies he oversees, citing concerns that the dismissals could undermine public health. Hundreds of workers at the Centers for Disease Control and Prevention, the Food and Drug Administration, and the National Institutes of Health have been forced out as President Donald Trump overhauls government agencies. The House Democrats warned that failing to restore these positions could put Americans at greater risk from foodborne illnesses, infectious disease outbreaks, and delays in medical research.

Taxing Social Security Benefits: A Threat to Retirees' Income Δ1.72

Social Security taxes might seem like a good idea, but they could have dire consequences for millions of retired Americans. The thresholds at which taxes on benefits apply are very low, affecting seniors with combined income levels below $25,000 or $32,000. President Trump's plan to end taxes on Social Security benefits may be well-intentioned, but it has the potential to offer limited good and cause harm.

Federal Worker Cuts to Hit National Security Hard Δ1.72

Former top U.S. cybersecurity official Rob Joyce warned lawmakers on Wednesday that cuts to federal probationary employees will have a "devastating impact" on U.S. national security. The elimination of these workers, who are responsible for hunting and eradicating cyber threats, will destroy a critical pipeline of talent, according to Joyce. As a result, the U.S. government's ability to protect itself from sophisticated cyber attacks may be severely compromised. The probe into China's hacking campaign by the Chinese Communist Party has significant implications for national security.

The Crypto Industry Got What It Paid For Δ1.72

President Donald Trump's proposal for a U.S. Crypto Reserve aims to reward his billionaire crypto donors while potentially undermining the U.S. dollar's position as the world's reserve currency. Critics argue that this initiative could lead to taxpayer-funded bailouts for volatile cryptocurrencies, which are often associated with criminal activities and speculative trading. The proposal raises concerns about the implications for fiscal policy, economic stability, and the effectiveness of U.S. regulatory authority over digital assets.

Consumer Watchdog Payouts in Limbo as Agency Defanged by Trump Administration. Δ1.72

The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot of money intended for borrowers allegedly harmed by the student loan servicer Navient sitting in limbo, according to an advocacy organization. Compensation payouts to be made amount to hundreds of millions of dollars, but idled agency staff unable to review and approve payments have brought these payments into question. Without authorization from the agency, these payouts cannot go forward, leaving borrowers without a clear path to receive the compensation they are entitled to.

Trump Restricts Loan Forgiveness for Nonprofit Workers Δ1.72

President Donald Trump signed an executive order restricting eligibility for a government-run student loan forgiveness program, targeting individuals whose work for nonprofit organizations clashes with the administration’s immigration and other policies. The order aims to exclude employees of organizations involved in “criminal means” or violating immigration law from receiving debt cancellation. Critics argue that this move undermines the public service forgiveness program's purpose.

Cybersecurity Laid Off: Former NSA Official Warns of Devastating Impact Δ1.72

A former top official, Rob Joyce, has warned that mass federal layoffs will have a devastating impact on cybersecurity and national security. The House Select Committee on the Chinese Communist Party has heard concerns from Joyce, who argues that culling workers from federal departments will erode the pipeline of top talent responsible for hunting and eradicating threats. Over 100,000 federal workers have been made redundant or taken retirement as part of the new administration's plans to drastically downsize the federal government workforce.

U.s. Social Security Administration to Cut 7,000 Workers Δ1.72

The U.S. government agency responsible for providing benefits to tens of millions of older Americans plans to reduce its workforce by over 12 percent, citing the need to streamline operations and eliminate non-mission critical functions. The Social Security Administration (SSA) aims to reach a staffing target of 50,000 employees from its current level of approximately 57,000 staff members. This move is part of the Trump administration's broader plan to reduce the size of the federal workforce.

CIA Fires Officers at Will, Raising National Security Concerns Δ1.71

The Central Intelligence Agency's recent firings of probationary employees raise concerns about its ability to conduct essential national security missions due to a loss of experienced officers. The move, under the Trump administration's new CIA director John Ratcliffe, has sparked fears that it may compromise the agency's intelligence collection and analysis efforts. As the US continues to face global threats, the CIA's personnel decisions have significant implications for the country's safety.

US Secret Service Shoots Armed Man Outside White House Δ1.71

The US Secret Service shot a man outside the White House early on Sunday after an "armed confrontation", the service said in a statement. The incident occurred when officers approached a man matching the description of a suicidal individual who may be traveling to Washington DC from Indiana, who brandished a firearm. The man is now in hospital in an unknown condition, and President Donald Trump was not present at the White House as he was spending the weekend at his Florida residence.

DEI Is Under Attack in US, Might Live On Under Different Name Δ1.71

The US government's Diversity, Equity, and Inclusion (DEI) programs are facing a significant backlash under President Donald Trump, with some corporations abandoning their own initiatives. Despite this, there remains a possibility that similar efforts will continue, albeit under different names and guises. Experts suggest that the momentum for inclusivity and social change may be difficult to reverse, given the growing recognition of the need for greater diversity and representation in various sectors.

Government Shutdown Looms: Republicans' Last-Minute Demands Raise Risk Δ1.71

Two Democrats in Congress said on Friday that Republicans have raised the risk of a government shutdown by insisting on including cuts made by President Donald Trump's administration in legislation to keep the government operating past a mid-March deadline. Senator Patty Murray of Washington and Representative Rosa DeLauro of Connecticut, the top Democrats on the committees that oversee spending, stated that the Republican proposal would give Trump too much power to spend as he pleased, even though Congress oversees federal funding. Lawmakers face a March 14 deadline to pass a bill to fund the government, or risk a government shutdown.

Trump Purge Hits Chips Act Office, Two-Fifths of Staff to Be Terminated: Report. Δ1.71

The Trump administration has laid off two-fifths of the staff at the U.S. Chips Program Office, responsible for managing the $52 billion Chips and Science Act, resulting in 60 job losses by the end of Monday. The office's budgeted funds have been contracted out, but more cuts are expected, raising concerns about the future of the program. The move is seen as a direct response to President Trump's opposition to certain stipulations included in the Biden-era Chips Office funding, such as unionization and paid parental leave.