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Author: doubtit Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 756479  
Subject: $168 per day for every household in poverty Date: 12/9/2012 3:16 PM
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Yep. As the chart clearly illustrates, total welfare spending in the U.S. (if converted into cash payments) equals approximately “$168 per day for every household in poverty,” higher than the $137 median income per-day

The total amount spent on these federal programs, when taken together with approximately $280 billion in state contributions, amounted to roughly $1 trillion. Nearly 95 percent of these costs come from four categories of spending: medical assistance, cash assistance, food assistance, and social/housing assistance. Under the President’s FY13 budget proposal, means-tested spending would increase an additional 30 percent over the next four years.


http://www.theblaze.com/stories/the-welfare-spending-chart-y...
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