Friday, October 19

United Welfare State of America: US Now Spends Over $1 Trillion on Welfare

United Welfare State of America: US Now Spends Over $1 Trillion on Welfare:

 thegatewaypundit.com


By Rachel Pulaski

On Thursday, the Senate Budget Committee released a startling welfare spending report based on a new Congressional Research Study.  According to the report in 2011 the United States spent $1.028 trillion dollars on welfare, which is more than the states and federal government spent on Social Security, Non-Military Defense or Medicare.   The federal spending on welfare entitlements now accounts for one fifth of the federal budget and consumes over 5% of the GDP.  This is almost a 30% spending increase since the start of the Obama Administration.  The CRS report focused on over 80 benefit programs for low-income families including food stamps, low incomes housing, cash assistance, energy assistance and tax credits for low income families.
The federal government spent 745.84 billion in 2011 on welfare programs, a 32% increase since 2008 and the individual states spent $282.7 billion in 2011 showing a 29% increase since 2008.  The CRS report also points out that the food assistance program had the greatest increase, from 2008 to 2011 the United States increased its spending by 71% and the spending for energy assistance programs increased 67% from 2008 to 2011.  The most expensive program on the list is Medicaid which jumped from $82 billion in federal spending in 2008 to $296 billion in 2011.  According to washingtontimes.com the majority of the funds that boosted these programs came from the 2009 stimulus...Keep Reading

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