Despite claims of widespread fraud in Social Security, analyses show that actual overpayments from 2015-2022 were approximately $2 billion annually, a trivial amount relative to the SSA's over trillion-dollar budget. The discourse began when Elon Musk and the Trump administration suggested numerous deceased individuals might still be receiving benefits, focusing on a database showing millions without recorded death dates. However, the stated amounts of potential fraud look inflated when considering the real impact on the overall budget, calling into question the validity of such alarming assertions.
While there are claims about fraud in Social Security, the actual overpayments total only $2 billion a year, a small fraction of its budget.
Musk and Trump suggested that there are 'tens of millions of deceased people' receiving benefits, exaggerating the situation beyond reality.
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