Wednesday, November 14, 2012

Federal Welfare Spending Now Single Largest Federal Expense

"Means-tested welfare spending is currently the single largest category of spending in the federal budget — more than Medicare, Social Security, and national defense," reports the GOP U.S. Senate Budget Committee. Citing a Congressional Research Service (CRS) report, the Committee said that federal and state spending on the 80-plus federal welfare programs is up 32% since 2008, now comprises 21% of federal outlays (spending), and amounts to roughly $1.03 trillion.

This doesn't count the Obama Phone, which is a separate welfare benefit paid for via fees assessed on those who pay for their telephone service:


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