Musk eyes Social Security and benefit programs for cuts

Elon Musk says Social Security and other federal benefit programs will be targeted in his hunt for fraudulent spending. Musk told Fox Business Network on Monday that “most of the federal spending is entitlements. That’s the big one to eliminate." He suggested that $500 billion to $700 billion in waste needed to be cut. That estimate far outpaces the figures that government watchdogs have provided on improper payments. Musk's comments on the popular program and other benefits provided to Americans could rattle politicians on both sides of the aisle. President Donald Trump has said that Social Security benefits would not be reduced under his watch.