Although federal officials have long recognized improper spending as a problem, it is not the main reason for the program’s dire financial outlook

Pinned to the top of Elon Musk’s X account is a six-minute clip of his recent three-hour interview with the podcaster Joe Rogan.

The involvement of Antonio Gracias, an investor who has known Elon Musk for two decades, suggests that Mr. Musk has made overhauling the Social Security Administration a priority.

Elon Musk says Social Security and other federal benefit programs will be targeted in his hunt for fraudulent spending.

Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead”

After labeling Social Security “a Ponzi scheme,” Elon Musk’s offensive against the social-insurance program took another aggressive turn.

The two maintain that they won’t attack the program, but their repeated claims of rampant fraud serve a strategic purpose.

Senate Finance Committee Democrats, led by Ron Wyden, to convene a hearing to investigate recent developments at the Social Security Administration (SSA).

Elon Musk has claimed that Social Security and other welfare programmes are plagued by fraud and improper payments, arguing that cutting $500 billion to $700 billion in government waste should be a key priority.