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Elon Musk: “A bunch of money is going out from the Social Security…”

Featuring: Elon Musk, Senior Advisor to the President, Head of Department of Government Efficiency | National

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CPAC Discussion with Elon Musk and President Javier Milei on Government Reform and Media Influence

Published | Video Starts at 19:45

Well, yeah, I guess the question, right. I mean, I get the Social Security Administration is dumb, but are they paying these people? Are they that dumb? I don't know. A bunch of money is going out from the Social Security Administration and in fact, from all entitlements programs. 76 billion in waste in, like seven years. That's 10 billion a year. Well, I think the fraudulent payments, the rough estimate from General Government Accountability offices is over $500 billion afford a year. (19:45–19:51)

CLAIM

Asserts that significant funds are being disbursed from Social Security and other entitlement programs.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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