Summary

Despite Donald Trump’s promise to avoid Social Security cuts, recent signals from the new Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, suggest reductions may be forthcoming.

The department, aimed at streamlining federal spending, has sparked concern among advocates worried about potential impacts on the program.

Trump’s mixed messaging and DOGE’s focus on cost-cutting have intensified scrutiny as officials prepare policy recommendations.

  • MagicShel@lemmy.zip
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    4 days ago

    My retirement accounts just got wiped by 5 months out of work. I’m over fifty and starting that shit over. I’m very lucky in that my father in law will supposedly leave us around a million dollars when he dies, but that’s a morbid and fragile situation. If, deity forbid, we got a divorce, I’m guaranteed to have to work until I keel over. Also if he experiences long term hospitalization, that’ll eat that up super quick.

    Even if we get full social security, that’ll drop our income by something like 80% and our house isn’t going to be paid off until we’re close to 80.

    My wife is blissfully ignorant and considers our retirement to be “taken care of.” I hope, babe, because kibble is going to be hard to chew once we can’t afford dental care…