Welfare spending jumps 32% in 4 years

Over a trillion dollars? Another milestone passed by President Obama and his dependency administration. Washington Times: Federal welfare spending has grown by 32 percent over the past four years, fattened by President Obama's stimulus spending and swelled by a growing number of Americans whose recession-depleted incomes now qualify them for public assistance, according to numbers released Thursday. Federal spending on more than 80 low-income assistance programs reached $746 billion in 2011, and state spending on those programs brought the total to $1.03 trillion, according to figures from the Congressional Research Service and the Senate Budget Committee. That makes welfare the single biggest chunk of federal spending - topping Social Security and basic defense spending. Sen. Jeff Sessions, the ranking Republican on the Budget Committee who requested the Congressional Research Service report, said the numbers underscore a fundamental shift in welfare, which he said has moved...(Read Full Post)

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