Social Security Details $800 Million In Savings

The Social Security Administration (SSA) has announced that it has made some $800 million in savings.

Why It Matters

The Trump administration is continuing in its overhaul of the federal government, with numerous government agencies being investigated to make cost-savings.

President Donald Trump's executive order, establishing the Department of Government Efficiency (DOGE), directs the nonofficial federal agency to "implement the president's agenda by modernizing federal technology and software to maximize governmental efficiency."

What To Know

The SSA said in a press release issued on March 3 that it has implemented "cost-saving and cost-avoidance" measures.

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