Topic: $3.7 TRILLION Spent on Welfare/ 5 Years
InvictusV's photo
Wed 10/23/13 09:45 AM
Edited by InvictusV on Wed 10/23/13 09:46 AM

We have just concluded the 5th fiscal year since President Obama took office. During those five years, the federal government has spent a total $3.7 trillion on approximately 80 different means-tested poverty and welfare programs. The common feature of means-tested assistance programs is that they are graduated based on a persons income and, in contrast to programs like Social Security or Medicare, they are a free benefit and not paid into by the recipient," says the minority side of the Senate Budget Committee.

"The enormous sum spent on means-tested assistance is nearly five times greater than the combined amount spent on NASA, education, and all federal transportation projects over that time. ($3.7 trillion is not even the entire amount spent on federal poverty support, as states contribute more than $200 billion each year to this federal nexus ��primarily in the form of free low-income health care.)

http://www.weeklystandard.com/blogs/report-us-spent-37-trillion-welfare-over-last-5-years_764582.html

Conrad_73's photo
Wed 10/23/13 09:53 AM
Mit Speck faengt man die M�use! ("one catches mice with bacon")

no photo
Wed 10/23/13 10:02 AM
The ends politicians will go to just to get re-elected.slaphead