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Social Security isnt the only area Musk could impact Americans wallets.
Here are four other ways hecould affect your financial life.
However, Musk has set his sights on ending the CFPB.
DOGE sought to lay off thousands of IRS probationary employees in mid-February.
Musk believes the programs lead to unnecessary government spending.
Politicians claim the programs will be available this year.
Increased Food Costs
Food costs have been painful for many Americans.
Recent actions from Musk and DOGE could increase food prices further.
Musk directed thousands of U.S. Department of Agriculture (USDA) employees to be let go.
This could reduce supply and impact pricing.
They have acted swiftly, eliminating positions in various departments.
These layoffs could have numerous impacts on Americans wallets.
Loss of income for those impacted hurts most.
However, other results could include reduced spending where impacted workers live, potentially causing layoffs at private businesses.
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