Marener
Diamond Member
- Jul 26, 2022
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• According to the Social Security Administration, all improper payments, including payments to the deceased and the very old, are estimated at about $3 billion per year.![]()
Hearing Wrap Up: DOGE Subcommittee’s First Hearing Uncovers Billions Lost to Fraud and Improper Payments, Launches “War on Waste" - United States House Committee on Oversight and Accountability
United States House Committee on Oversight and Accountabilityoversight.house.gov
• Total Social Security benefits in 2016 will exceed $900 billion, so eliminating $3 billion per year of improper payments would reduce costs by at most 0.4 percent, extending the program’s solvency by about 3 months.

Fact Sheet: How much waste, fraud, and abuse is there in Social Security? | Committee for a Responsible Federal Budget
• The Social Security Trustees estimate that reducing benefits to restore solvency would require an immediate 16.4 percent benefit cut – the equivalent of reducing benefits this year by