Billionaire investor Mark Cuban slammed current modifications to Social Safety, saying they quantity to a sneaky approach to scale back advantages. “Gotta give Doge credit score for being the primary to chop entitlements,” Cuban posted March 19 on X. “Finish phone help for Social Safety, reduce dozens of SS workplaces and make Grandma and Grandpa lastly get on-line to substantiate their funds. What a tremendous again door approach to reduce funds!”
The put up shortly went viral, racking up over 9 million views. Cuban added, “Gonna be some upset seniors at city halls!”
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Cuban was, in fact, referring to the Division of Authorities Effectivity, spearheaded by Elon Musk. As a part of its federal overhaul push, DOGE is driving staffing cuts, workplace closures and a shift toward online-only services on the Social Safety Administration.
Beginning March 31, folks can not name to alter their direct deposit data or apply for retirement, survivor or incapacity advantages. These should now be carried out on-line or at a neighborhood discipline workplace. The SSA says this transfer is supposed to scale back fraud. However critics argue it might shut out seniors with out web entry or the means to journey.
An inside SSA memo reviewed by The Wall Street Journal estimated 75,000 to 85,000 extra folks per week might now flood discipline workplaces. In the meantime, almost half of callers to SSA’s 800 quantity have not been in a position to attain a consultant this 12 months.
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Cuban challenged these defending the modifications, replying to 1 consumer on X, “You do notice that Social Safety is returning the cash you pay out of your paycheck? And the administration mentioned they might not scale back funds in any manner. You good with making it more durable for seniors to substantiate the financial institution accounts? Probably leading to them not having the ability to get their checks?”
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