Wednesday, January 16, 2013

Welfare Spending Increases Poverty Instead Easing People Out Of It

Welfare Spending Increases Poverty Instead Easing People Out Of It - Investors.com
All told, overall welfare spending for the decade will be $11 trillion — "roughly one-quarter of cumulative federal spending," the Budget Committee reports.
And that doesn't even include state spending on welfare, which, when added to federal benefits, was more than $1 trillion in fiscal 2011.
That's enough, the Budget Committee tells us, "to mail every household in poverty a check for $60,000 each year."

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