Elon Musk: DOGE Plan Will Save Medicare, Social Security, and Prevent National Bankruptcy

Elon Musk: DOGE will save Medicare and Social Security.

“The actions that we're taking [with DOGE] with the support of the President and the support of the agencies are what will save Medicare, what will save Social Security. Because if the country goes insolvent—if all the money is just spent on paying interest on debt—there's no money left for anything.

That's the reason I'm doing this. I was looking at the big picture here and saw that our debt's getting out of control.

A country is not different from a person. If the country overspends, the country goes bankrupt, just like if a person overspends, goes bankrupt.

So, it's not optional to solve these things. It's essential.”

CPAC, February 20, 2025