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U.S. squandered $ 3.7 trillion on welfare over last five years | by 1389
U.S. squandered $ 3.7 trillion on welfare over last five years
Posted: 23 Oct 2013 08:10 PM PDT
The Weekly Standard has the story:
“We have just concluded the 5th fiscal year since President Obama took office. During those five years, the federal government has spent a total $3.7 trillion on approximately 80 different means-tested poverty and welfare programs. The common feature of means-tested assistance programs is that they are graduated based on a person’s income and, in contrast to programs like Social Security or Medicare, they are a free benefit and not paid into by the recipient,” says the minority side of the Senate Budget Committee…
That’s over $11,674.00 added to our national debt for every member of the US population, and roughly $53,623 for every US federal taxpayer – with no end in sight.
Nothing in the US Constitution empowers the federal government to spend money for such purposes
Filed under: Miscellaneuos News 
Source: http://jericho777.wordpress.com/2013/10/24/u-s-squandered-3-7-trillion-on-welfare-over-last-five-years-by-1389/
