Senator Hassan Questions SSA Nominee on Social Security Cuts and Elon Musk's Influence
Forbes Breaking NewsApril 7, 20255 min2,418 views
9 connections·10 entities in this video→Questioning the Nominee
- 🎯 Senator Maggie Hassan questioned Frank Bisignano, nominee for Social Security Administration Commissioner, about his commitment to following the law over presidential directives.
- 💡 Bisignano affirmed he would follow the law, stating he couldn't imagine a president asking him to break it.
Concerns Over Social Security Cuts
- ⚠️ Hassan raised concerns that Elon Musk and President Trump aim to cut Social Security, Medicare, and Medicaid to fund tax cuts for corporations and billionaires.
- 💰 Elon Musk's past comments, referring to Social Security as a "Ponzi scheme" and calling for cuts up to $700 billion, were highlighted.
- 📉 Such cuts could mean reducing benefits for one-third of recipients or cutting their payments by a third.
Nominee's Stance on Cuts
- 🚫 Bisignano stated he opposes cutting Social Security benefits and does not have any intention of cutting one-third of benefits.
- 🤝 He clarified that decisions on benefit cuts are made by Congress, not solely by the Commissioner.
Impact of Proposed Changes
- 🏢 Hassan expressed concern over actions making it harder for people to apply for and receive benefits, potentially slowing down payments and reducing costs at the expense of beneficiaries.
- 🏢 The proposed closure of 47 Social Security offices, including one in Littleton, New Hampshire, was a key point, forcing seniors to travel long distances.
- 🏔️ If the Littleton office closes, North Country seniors would need to travel nearly 100 miles to the next closest office.
- 🗣️ Hassan asked Bisignano if he would commit to keeping the Littleton office open or follow Elon Musk's directives.
- 🏛️ Bisignano stated he would run the agency and report to the president, promising to evaluate the situation and report back.
Additional Concerns
- 💰 Commerce Secretary Lutnik's suggestion that seniors might not mind missing a month of Social Security benefits was also brought up, questioning how long the nominee would tolerate delaying checks.
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What’s Discussed
Social SecurityMedicareMedicaidElon MuskDonald TrumpFrank BisignanoMaggie HassanSocial Security AdministrationBenefit CutsTax CutsPonzi SchemeOffice ClosuresNew Hampshire
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