• Sen. Elizabeth Warren (D-MA) continues to display her ignorance.  In a failed effort to criticize Elon Musk, Warren reveals she apparently does not understand how Social Security works.


• Warren wrote on X, “When Elon Musk, the richest man on earth, is set to pay the same amount in taxes for Social Security as your neighborhood dentist, we’ve got a problem.”


• “I’m fighting to get the wealthy to pay their fair share into Social Security so we can increase benefits.”

https://twitter.com/ewarren/status/1877814829592768910?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1877814829592768910%7Ctwgr%5Eb654bd51e67e705f0b949de2ade3fcdc1a0e0a9a%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F01%2Fsenate-banking-committee-member-elizabeth-warren-does-not%2F

• Social Security earnings and payouts are both capped.


• In 2025, the cap on income subject to SS taxes is $176,100.


• The max payout is between $2,831 and $5,108, depending on the age you retire.


• As one X user notes, if Musk was taxed without a cap, his payout without a cap would be staggering. at age 62 the monthly payout would be 500m a month

https://twitter.com/ThatOldCoyote/status/1877880290716393597?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1877880290716393597%7Ctwgr%5Eb654bd51e67e705f0b949de2ade3fcdc1a0e0a9a%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F01%2Fsenate-banking-committee-member-elizabeth-warren-does-not%2F

Source: thegatewaypundit.com

• Newsweek on Friday uncovered explosive evidence that just months before devastating wildfires, which have so far killed at least ten people and destroyed countless homes, Newsom approved at least $101 million worth of cuts from seven “wildfire and forest resilience” programs.


• The reductions, which were part of last year’s state budget and signed by Newsom in June, included a $5 million decrease for CalFire on fuel reduction teams. These included revenue used to fund vegetation management work by the California National Guard.

• Do you think that additional money would have been useful, considering these wildfires are now the worst in American history?


• Per Fox News, here are some other notable additional cuts:


• • $28 million cut from multiple state conservancies that expand wildfire resilience
  
  • $12 million cut from a “home hardening” experiment that would protect homes from wildfires
  
  • $8 million cut from monitoring and research spending, mostly dedicated to Cal Fire and state universities
  
  • $4 million cut from the forest legacy program, which encourages landowners to manage their properties
  
  • $3 million cut from funding for an inter-agency forest data hub

Source: thegatewaypundit.com