Social Security and Entitlement Programs Quiz

What is the main focus of the video tutorial?

• The impact of Social Security on global economies.

• Recent discussions on Social Security fraud and changes.

• The role of Social Security in healthcare.

• The history of Social Security in America.

According to Elon Musk, how much money is lost annually to fraud and waste in entitlement programs?

• $700 billion

• $1 trillion

• $140 billion

• $72 billion

What do government reports indicate about the actual amount lost to improper payments in Social Security over the last 7 years?

• $140 billion

• $700 billion

• $72 billion

• $1 trillion

Do undocumented immigrants qualify for Social Security benefits?

• Yes, they qualify for full benefits.

• No, they do not qualify for benefits.

• Yes, but only partial benefits.

• No, but they receive healthcare benefits.

What is one of the major changes implemented by Trump's administration in the Social Security system?

• Increasing taxes on Social Security income.

• Increasing the number of regional offices.

• Reducing staffing and regional offices.

• Providing more benefits to undocumented immigrants.

What is a potential consequence of the staffing cuts in the Social Security Administration?

• Improved customer service.

• Faster processing of claims.

• Longer wait times and backlogs.

• Increased benefits for retirees.

What is one of the errors in the Social Security database mentioned in the video?

• Payments to foreign governments.

• Payments to deceased pets.

• Payments to non-existent companies.

• Payments to individuals over 160 years old.

What is a potential risk of eliminating taxes on Social Security income?

• Decreased benefits for undocumented workers.

• Pushing Social Security toward insolvency.

• Faster processing of benefits.

• Increased funding for Social Security.

By what year is Social Security projected to face funding shortfalls?

• 2040

• 2050

• 2032

• 2025

What is the main concern of critics regarding the talk about fraud in Social Security?

• It is a way to improve customer service.

• It is a way to increase taxes.

• It is a way to justify cutting benefits.

• It is a way to justify increasing benefits.