Posted: November-04-2012 at 4:53pm | IP Logged
|
|
|
Taxpayers last year spent $1 trillion on welfare programs for households below the poverty line — enough to give each low-income household a check for $60,000.
According to a report from the Senate Budget Committee’s Republican staff and ranking member Sen. Jeff Sessions of Alabama, the federal government spent $746 billion on welfare in the 2011 fiscal year, and states paid out $254 billion in matching funds.
The federal total was up from $563 billion in fiscal year 2008, the last year of George W. Bush’s presidency, and up from $692 billion in fiscal 2009.
The federal welfare spending cited in the report does not include programs such as Medicare and Social Security, which are not means-tested and directed toward lower-income Americans, and does not include programs for veterans.
The Congressional Research Service reported that federal spending on health benefits for people with low income totaled $339 billion in fiscal 2011, with $295 billion spent on Medicaid.
The second largest category, Cash Aid, totaled $145 billion.
Federal taxpayers shelled out $101 billion for food assistance, including $80 billion for the Supplemental Nutrition Assistance Program (food stamps). That’s double what they spent in 2008.
The total also includes $2 billion for Nutritional Assistance for Puerto Rico.
Taxpayers also spent $41.4 billion on Pell Grants, $46 billion on Housing and Development, $7.5 billion on Head Start, and $5 billion on Energy Assistance.
According to the Census Bureau, last year 16.8 million U.S. households were below the poverty line of $23,000 per year for a family of four. If all households received an equal share of the $1 trillion in welfare spending, they would each get $59,523.
And if only the federal share of welfare spending is considered, without state matching funds, each low-income household would still receive $44,404 — nearly double the federal poverty line of $23,000.
(NewsMax.com)
__________________ If you can lay down at night knowing that you had made someone's life just a little bit better, then you know that you had a good day.
|