Elon Musk has proposed slashing up to $700 billion from Social Security, Medicare, Medicaid and programs for the poor, including unemployment insurance and food stamps. Musk proposed the sweeping cuts during an interview with Fox Business Network on Monday.

Elon Musk: “Most of the federal spending is entitlements. So, that’s like the big one to eliminate. You know, that’s the sort of half-trillion, maybe six, seven hundred billion a year.”

Musk has repeatedly used his social media site X to promote false and baseless claims alleging widespread fraud and abuse in federal benefit programs. This comes after Tiffany Flick, a 30-year veteran of the Social Security Administration who resigned in February, submitted a declaration to a federal court in Maryland alleging that efforts by Musk’s DOGE operation to undermine the agency “could result in benefits payments not being paid out or delays in payments.”