ECON Over 100 Million Now Receiving Federal Welfare

TerryK

TB Fanatic
This is why our country will not make it, no matter who we elect, or what we try to do.
It is like a swimmer trying to swim across a river with a hundred pound lead weight on his back.

Over 100 Million Now Receiving Federal Welfare

2:40 PM, Aug 8, 2012 • By DANIEL HALPER


A new chart set to be released later today by the Republican side of the Senate Budget Committee details a startling statistic: "Over 100 Million People in U.S. Now Receiving Some Form Of Federal Welfare."
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"The federal government administers nearly 80 different overlapping federal means-tested welfare programs," the Senate Budget Committee notes. However, the committee states, the figures used in the chart do not include those who are only benefiting from Social Security and/or Medicare.
Food stamps and Medicaid make up a large--and growing--chunk of the more than 100 million recipients. "Among the major means tested welfare programs, since 2000 Medicaid has increased from 34 million people to 54 million in 2011 and the Supplemental Nutrition Assistance Program (SNAP, or food stamps) from 17 million to 45 million in 2011," says the Senate Budget Committee. "Spending on food stamps alone is projected to reach $800 billion over the next decade."
The data come "from the U.S. Census’s Survey of Income and Program Participation shows that nearly 110,000 million individuals received a welfare benefit in 2011. (These figures do not include other means-tested benefits such as the Earned Income Tax Credit or the health insurance premium subsidies included in the President’s health care law. CBO estimates that the premium subsidies, scheduled to begin in 2014, will cover at least 25 million individuals by the end of the decade.)"
This is not just Americans, however. "These figures include not only citizens, but non-citizens as well," according to the committee.
 

raven

TB Fanatic
can this be?
100 million?
there are only about 350 million people in America
that is almost one third.
according to the debt clock there are only 114 million tax payers
that is almost 1 for 1
how can this be? I am stunned.
 

Green Co.

Veteran Member
Raven, you're forgetting the anchor babies of illegal immigrants. Here, the parents aren't eligible, but all of their children are. Since the beneficiary is a minor, checks go to the parent.

What a deal... it's a pleasure to make a baby, WIC pays for delivery, medical care & food are furnished free, and the kid is eligible for SNAP & welfare after 6 months.

Something wrong with this picture.....
 

raven

TB Fanatic
Raven, you're forgetting the anchor babies of illegal immigrants. Here, the parents aren't eligible, but all of their children are. Since the beneficiary is a minor, checks go to the parent.

What a deal... it's a pleasure to make a baby, WIC pays for delivery, medical care & food are furnished free, and the kid is eligible for SNAP & welfare after 6 months.

Something wrong with this picture.....

yea man, i know . . . i know . . . but the sheer numbers is astounding - it is like every taxpayer is funding an extra child
 

Lilbitsnana

On TB every waking moment
can this be?
100 million?
there are only about 350 million people in America
that is almost one third.
according to the debt clock there are only 114 million tax payers
that is almost 1 for 1
how can this be? I am stunned.

Worse than you think, because according to Census Bureau, it is only:

Current Population Clock

U.S. 314,119,657
World 7,031,544,702
22:03 UTC (EST+5) Aug 08, 2012

number goes up by the minute....

http://www.census.gov/main/www/popclock.html
 
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