"Musk and colleagues insisted Thursday that Social Security is plagued by fraud, claiming that 40% of calls to phone centers in some cases were fraudulent and that 15 million "living" people age 120+ were on the agency's rolls

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"Social Security's acting commissioner has repeatedly downplayed those fraud allegations and said the actual tally was on the order of $100 million a year, a small fraction of 1% of what the agency pays out.

By the numbers: Anger over Musk-driven cuts has spilled over to his business interests, particularly Tesla, whose shares have lost a third of their value this year."

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Let's repeat that... Soc Sec pays less than 1 percent of it's Budget for Administration.

None of Musk's companies does that.

"AI Overview
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Corporations typically allocate around 20-25% of their revenue to administrative expenses, but this can vary significantly based on industry, size, and other factors.
Here's a more detailed breakdown: