In a stunning revelation, Elon Musk has claimed that the Centers for Medicare & Medicaid Services (CMS) has wasted an estimated $100 billion in taxpayer money.
Leading efforts under President Donald Trump’s newly established Department of Government Efficiency (DOGE), Musk and his team have been investigating CMS’s payment and contracting systems, which oversee healthcare funding for millions of Americans.
Musk’s findings come after a deep dive into CMS operations by DOGE in collaboration with two senior agency veterans specializing in policy and operations.
The agency, which manages Medicare and Medicaid, provides health insurance to roughly one in four Americans. The investigation, conducted with read-only access to CMS systems, aimed to identify inefficiencies and potential misuse of federal funds.
On Wednesday, Musk took to X (formerly Twitter) to voice his concerns, responding to reports suggesting that his team was examining Medicare payment systems for fraud. “Yeah, this is where the big money fraud is happening,” Musk posted, fueling speculation about widespread financial mismanagement.
The bombshell claim came on Thursday night when Musk tweeted, “They wasted $100B of taxpayer money!” His statement has sparked intense debate, with critics demanding transparency and further scrutiny of CMS spending.
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