Economics and Total Federal Spending on Anti_Poverty Programs

Economics and Total Federal Spending on Anti_Poverty Programs

The United States spends nearly a trillion dollars every single year on anti-poverty programs.

$668 billion spent by 126 federal anti-poverty programs.
$284 billion spent by state welfare programs.
$952 BILLION TOTAL SPENT PER YEAR

That’s $87,000 per family of four in poverty. And yet 47 million remain in poverty.

SOURCES:
http://www.census.gov/prod/2012pubs/p60-243.pdf
http://www.census.gov/hhes/www/poverty/data/threshld/thresh11.xls
http://www.census.gov/hhes/www/poverty/data/incpovhlth/2011/table3.pdf
http://thf_media.s3.amazonaws.com/infographics/2012/10/special-welfare-spending-2012_HIGHRES.jpg
http://www.cato.org/sites/cato.org/files/pubs/pdf/PA694.pdf

(Thanks to the Unbiased America Facebook pare for the meme and stats!)poverty-welfare-government-spending

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