The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

Trump White House takes 100-day victory lap on reforming key agency amid fierce pushback

by
April 29, 2025
in Latest News
0
Trump White House takes 100-day victory lap on reforming key agency amid fierce pushback
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

As President Trump marks his first 100 days in office on Tuesday, the administration is touting all of their fulfilled campaign promises when it comes to Social Security, an issue where he has been much maligned by Democrats and some in the media.

‘I am proud of the extraordinary work by our dedicated employees at SSA to help deliver on President Trump’s promise to protect Social Security,’ Lee Dudek, acting commissioner of the Social Security Administration (SSA), told Fox News Digital in a statement.

‘They have worked tirelessly to improve customer service while safeguarding Americans’ hard-earned benefits from waste, fraud, and abuse. It will take time to fully recover from the disastrous policies of the previous administration, which led to sky-high wait times for customer service and unconscionable delays for benefit decisions,’ Dudek continued. ‘But SSA employees are leading the turnaround by refocusing their work on frontline customer service, modernizing IT for a better customer experience, and bolstering program integrity.’ 

The administration, which has called Trump’s first 100 days the most successful of any administration, says that it has made ‘significant strides’ in moving the Social Security Fairness Act forward and has paid over $14.8 billion in retroactive payments to over 2 million individuals affected by the Windfall Elimination Provision and Government Pension Offset.

Trump’s moves on Social Security come as Democrats, including former President Joe Biden, have accused the administration of plotting to slash Social Security benefits, particularly through the Department of Government Efficiency’s (DOGE’s) efforts to reform the agency. 

However, the administration says that it is focused on reforms, not cutting benefits, and a White House official told Fox News Digital that SSA has identified over $1 billion in cost avoidance or efficiencies for fiscal year 2025 ‘through new, common-sense approaches in areas such as payroll, information technology, contracts and grants, real property, printing, travel, and purchase card policies.’

Examples include reducing software licensing, salvaging and repairing tables and chairs, returning leased motor vehicles, converting in-person training to online, streamlining case assignment and tracking systems, and reducing travel card spending allowances. 

Additionally, the White House official says the agency has made strides in implementing fraud prevention tools, including tools that help identify fraudulent claims via telephone.

Many, including DOGE chief Elon Musk, have raised concerns about the accuracy of Social Security records, particularly when it comes to data related to whether a person is deceased or still on the rolls despite being well over 100 years old. 

The White House told Fox News Digital that progress has been made on that front as well to improve the accuracy of death data and called that effort a ‘high priority’ that was a low priority in the previous administration.

Musk has drawn the ire of Democrats by referring to Social Security as a ‘Ponzi scheme.’

Fox News Digital spoke to an expert earlier this year who made the case that Musk has a point in using the term ‘Ponzi scheme.’

‘Musk’s statement about Social Security being the world’s biggest Ponzi scheme does have validity,’ James Agresti, president of the nonprofit research institute Just Facts, told Fox News Digital in response to pushback from Musk’s claim, which included a ‘false’ rating from Politifact. 

‘A Ponzi scheme operates by taking money from new investors to pay current investors. That’s the definition given by the SEC, and contrary to popular belief, that’s exactly how Social Security operates.’

This post appeared first on FOX NEWS
Previous Post

An American father’s plea: President Trump, please bring my son and the other hostages home from Gaza

Next Post

Veterans groups urge Trump admin to continue Afghan ally support program amid budget cut concerns

Next Post
Veterans groups urge Trump admin to continue Afghan ally support program amid budget cut concerns

Veterans groups urge Trump admin to continue Afghan ally support program amid budget cut concerns

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

    Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

    June 7, 2025
    Trump implies government could cut contracts and subsidies to Musk’s companies

    Trump implies government could cut contracts and subsidies to Musk’s companies

    June 7, 2025
    Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

    Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

    June 7, 2025
    Musk deletes explosive posts about Trump and Epstein files

    Musk deletes explosive posts about Trump and Epstein files

    June 7, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved