The head of DOGE told Fox Business that $500 billion to $700 billion in waste needed be cut from federal benefit programs.

Elon Musk highlighted “entitlements spending”—which includes Social Security and Medicare—as one of his prime targets for massive cuts in an interview with Fox Business Network on Monday. “Most of the federal spending is entitlements,

Across-the-board cuts at the Social Security Administration are prompting questions about how the benefits of millions of recipients may be affected.

The SSA last week announced it would cut 7,000 of its 60,000 jobs plus close field offices and reduce regional offices as part of President Donald J. Trump’s mandate to reduce government waste and costs via the newly-named Department of Government Efficiency ( DOGE) initiatives.

The world’s richest man claims, without evidence, that there’s $700 billion in “waste and fraud” he can cut from America’s core safety net programs

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

Elon Musk on Monday in an interview with Fox Business Network's Larry Kudlow referred to federal spending on programs such as Social Security, Medicare and Medicaid as areas that need to be eliminated.

Elon Musk, appointed by President Trump as head of the unofficial Department of Government Efficiency (DOGE), has sparked debate with his claims of fraud in federal entitlement programs. His efforts to access Treasury records have raised privacy concerns,

Elon Musk has taken aim at alleged fraud and waste at the Social Security Administration (SSA), prompting some anger online. Newsweek has contacted DOGE for comment via email outside of regular working hours.

The Vermont senator ripped the billionaire after he spotted the "big one" among "waste" in the federal budget.