Summary

Elon Musk amplified Senator Mike Lee’s calls to overhaul Social Security, labeling it a “nightmare.”

Lee, known for advocating the elimination of Social Security, Medicare, and Medicaid, criticized the program as deceptive and mismanaged.

Musk, co-chair of Trump’s advisory commission on cutting federal spending, faces accusations of aligning with GOP efforts to privatize or gut Social Security.

Advocacy groups denounce these moves as a threat to seniors and disabled Americans, warning that Republicans aim to shift earned benefits to Wall Street, despite broad public opposition to cuts or privatization.

    • Wogi@lemmy.world
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      1 month ago

      Just some quick napkin math puts me at nearly 200,000 dollars in to social security since I started working.

      At 4% compounded annually, let’s call it 275,000 dollars.

      Tax free, of course.