No more loans to babies or the dead: Elon Musk on SBA Fraud

Elon Musk's brainchild, the Department of Government Efficiency, has implemented a concrete measure to stop the Small Business Administration from granting loans to citizens over the age of 120. DOGE wrote, “Basic sanity checks like these are initial steps towards minimizing fraud in government payment programs.” As of Friday, @SBAgov now: - Requires date of birth collection for all direct loan applications - Pauses the direct loan process for those under 18 and above 120 years old Basic sanity checks like these are initial steps towards minimizing fraud in government payment programs. https://t.co/PHCd4l6SPU pic.twitter.com/dPPnwqMBvD— Department of Government Efficiency March 24, 2025 Elon Musk reshared this post, claiming that it would ensure the SBA does not provide loans to children or to individuals considered too old to be alive. No more loans to babies or people too old to be alive https://t.co/m4QFdOTZ8k— Elon Musk March 24, 2025 Why did DOGE put age limit on loans? In one case, a 157 years old individual https://t.co/5NnCgin5Li— Department of Government Efficiency March 4, 2025 US President Donald Trump has claimed that the Social Security database still considers millions of people to be alive who are way over the age of 100.