One of every six federal dollars goes to programs for poor
Ten federal programs that mostly benefit the poor have exploded in cost – up more than 1000 percent since 1972.
The support services provided by these programs cost taxpayers $55 billion back in 1972. In 2012, they cost $588 billion—one-sixth of all federal spending. They include Medicaid, which cost $251 billion in 2012; the Supplemental Nutrition Assistance Program (a/k/a food stamps), $80 billion; and Supplemental Security Income for the disabled poor, at $50 billion.
Most of these programs are “means-tested,” meaning beneficiaries can’t exceed certain income limits. But some serve a broad mix of Americans, like the Pell Grant program for college students, costing $34 billion.
Check out our infographic for more on the rising cost of these social programs. See “What Do Others Say?” for more views, then add to the discussion below. What do you think of these programs? Should we be trying to get their costs under control?
http://www.facethefactsusa.org/facts...programs-poor/
Sources:
Ten federal programs that mostly benefit the poor have exploded in cost – up more than 1000 percent since 1972.
The support services provided by these programs cost taxpayers $55 billion back in 1972. In 2012, they cost $588 billion—one-sixth of all federal spending. They include Medicaid, which cost $251 billion in 2012; the Supplemental Nutrition Assistance Program (a/k/a food stamps), $80 billion; and Supplemental Security Income for the disabled poor, at $50 billion.
Most of these programs are “means-tested,” meaning beneficiaries can’t exceed certain income limits. But some serve a broad mix of Americans, like the Pell Grant program for college students, costing $34 billion.
Check out our infographic for more on the rising cost of these social programs. See “What Do Others Say?” for more views, then add to the discussion below. What do you think of these programs? Should we be trying to get their costs under control?
http://www.facethefactsusa.org/facts...programs-poor/
Sources:
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