Statement I: Foreign aid is the fourth largest federal spending program.
Statement II: Most Americans pay more in Social Security taxes than in federal personal income taxes.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

Foreign Aid

Financial or material assistance given by one country to another for development, emergency relief, or economic stabilization.

Federal Spending

Government expenditure funded by the federal budget, including infrastructure, defense, social services, and interest payments.

Social Security taxes

Funds gathered from both workers and their employers to support the Social Security system, offering benefits for retirement, disability, and survivors.