Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jason Ma

Social Security payments could suffer interruption soon as DOGE triggers 'system collapse,' former commissioner warns — 'start saving now'

Fake Social security card on prop U.S. currency and Treasury Department checks. (Credit: Getty Images)
  • Former Social Security Commissioner Martin O'Malley, who headed the agency during the Biden administration, urged people to start saving money now because benefits could be interrupted in the next one to three months. He told CNBC that changes DOGE is making to the agency have already caused IT system outages, which he predicted will become more frequent until there is a "system collapse."

The federal government has never failed to deliver Social Security payments on time, but a former commissioner warned that could happen soon as Elon Musk's Department of Government Efficiency makes changes and cuts staff.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.