The Trump administration implements big cuts to Federal programs, including Social Security, and simply justifies it as "cutting waste and fraud."
According to the AP, the cuts may be as large as $500 billion to $700 billion. A tiny portion of that may actually be waste or fraud, but that doesn't matter. The cuts are coming and people will suffer.
Reality doesn't matter - the Trump administration will sell the lie. By the time reality sets in, he will have consolidated so much power that it won't matter.