Mark Cuban criticizes a new federal overhaul that cuts phone support and closes Social Security offices, making it difficult for seniors to access their benefits. He argues that millions of elderly Americans who don't have smartphones, internet access, or transportation are being excluded from the system. Cuban calls this move a form of targeted exclusion and criticizes it for making access so difficult that many seniors may fall through the cracks.
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00:00Mark Cuban calls out the government for cutting phone support and closing social security offices as a financial trap for seniors.
00:07Under a new federal overhaul, seniors can no longer call for help.
00:10Many in-person locations are being shut down.
00:13To access their benefits, they're now expected to go online, whether they can or not.
00:17Millions of elderly Americans don't own smartphones, don't use the internet, and don't have transportation to get to another office.
00:23Mark Cuban says this isn't modernization, it's targeted exclusion.
00:27The benefit system stays intact on paper, but the people it's supposed to serve are effectively being locked out.
00:32This isn't about efficiency, it's about making access so difficult people quietly fall through the cracks.
00:38Social security is being digitally walled off from the very people it was built to support.
00:42Cuban calls it horrific, and for millions of seniors, that's not an exaggeration.
00:47Share your thoughts in the comments and follow Benzinga for more finance stories with real human impact.