According to the Social Security Administration, more than five million people in Florida were Social Security beneficiaries.
Martin O’Malley, f Administration commissioner, says Donald Trump and Elon Musk’s cuts could mean “an interruption of benefits.”
The Trump Administration's proposed changes to the Social Security Administration will cause the payment system to collapse, Martin O'Malley told 11 News Investigates.
Only time will tell if the prediction by Martin O’Malley, the former Social Security commissioner, is accurate.
Ex-commissioner and former Maryland Gov. Martin O’Malley said in a recent interview with CNBC that staff cuts and other changes made by the Trump administration and Elon Musk’s Department of Government Efficiency (DOGE) will likely lead to an interruption of benefits for the over 72.5 million Americans who get monthly checks.
A former SSA commissioner says system outages have occurred because of DOGE's cuts, suggesting a collapse could be imminent.
“This is going to lead to total system collapse,” O’Malley told The Baltimore Sun. “It’s a very old, fragile computer system in (COBOL) language, which isn’t even in schools anymore.” In a social media post made Friday, O’Malley went on to say he expects benefit interruptions to start soon.
Former head of the Social Security Administration, Martin O'Malley, warns that planned staffing cuts could put Social Security payments at risk, potentially for the first time in history. Yahoo Finance Senior Reporter Jordan Weissmann joins Wealth to discuss how a 12% workforce reduction may lead to a loss of essential tech support,