Friday, October 19, 2012

U.S. welfare $1 trillion, up 32% last four years



Washington - Recently released figures from the Congressional Research Service (CRS) and the Senate Budget Committee show that welfare spending has grown by 32 percent since 2008 and federal and state spending reached more than $1 trillion in 2011.
The congressional report showed that welfare is the single largest federal expense in the United States and is more than national defense, Social Security and Medicare. Taking into account federal (83 low-income assistance programs) and state welfare spending, the grand total is $1.03 trillion.

Read more: http://www.digitaljournal.com/article/335123#ixzz29loX3iKR

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