Martin O'Malley, a former commissioner for the Social Security Agency (SSA), said on Monday that the recent cuts made by tech billionaire Elon Musk's government efficiency (DOGE) at the agency could “result in the 'collapse' of social security systems within the next 30-90 days.
Marie, a Democrat who served as Governor of Maryland from 2007 to 2015. He told CNBC The recent DOGE initiative could risk monthly benefits payments for more than 72.5 million Americans.
He warned that the current administration's attempts to reduce the workforce will lead to the removal of key staff, threatening the agency's basic activities.
“In the end, we'll see a system collapse and a disruption in profits,” he said. “I think we'll see that in the next 30-90 days.”
Warning of these interruptions, Marie said, “People should start saving now.”
Murray held the position of Social Security Commission under the Biden administration from December 2023 to November 2024.
More than 73 million individuals, including 56 million seniors, rely on agents to pay monthly benefits. If you delay or miss a payment, it can cause difficulties for the recipient.
Since its formation, Doge has been seeking to reduce spending within federal agencies. These budget cuts have resulted in significant leadership changes, including the recent resignation of SSA Commissioner Michelle King, who is reportedly resigned due to a dispute over access to Doge's confidential information.
Last week, SSANotified employeeIn the middle of “significant labor cuts” in preparation for what is called “reorganizational organizational restructuring across agencies,” reports that thousands of workers can be given up.
The agency said, “Offices that perform functions not mandated by law can prioritize expansion measures that may include abolishing organizations and positions, reassignment or reductions in staffing.”
Social Security Commissioner Leland Dudek recently announced that the agency will implement substantial restructurings, including substantial workforce cuts, providing long-term employees with the opportunity to choose acquisitions and early retirement programs.
Oka reached SSA for comments.
