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Welfare programs $167 per day. Median Household income equals $137 per day.


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2013 Mar 22, 4:32pm   1,706 views  2 comments

by MsBennet   ➕follow (0)   💰tip   ignore  

http://budget.senate.gov/republican/public/index.cfm/budget-background?ID=f1f23669-79fb-4a25-bafc-6a28f82f9c75

Based on data from the Congressional Research Service, cumulative spending on means-tested federal welfare programs, if converted into cash, would equal $167.65 per day per household living below the poverty level. By comparison, the median household income in 2011 of $50,054 equals $137.13 per day. Additionally, spending on federal welfare benefits, if converted into cash payments, equals enough to provide $30.60 per hour, 40 hours per week, to each household living below poverty. The median household hourly wage is $25.03. After accounting for federal taxes, the median hourly wage drops to between $21.50 and $23.45, depending on a household’s deductions...

#politics

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1   MsBennet   2013 Mar 22, 4:36pm  

In case you are wondering who made this evaluation, it's the Congressional Research Service. From Wikipedia:

The Congressional Research Service (CRS) works exclusively for the United States Congress, providing policy and legal analysis to committees and Members of both the House and Senate, regardless of party affiliation. As a legislative branch agency within the Library of Congress, CRS has been a valued and respected resource on Capitol Hill for nearly a century.

2   HEY YOU   2013 Mar 22, 5:33pm  

From full-size version of the chart:"Senate Budget Committee Ranking Member Jeff Sessions' Republican staff calculations of the data..." surely must have found that weren't any Rep/Con/Tea receiving any welfare or any other form of Big Govt. handout/subsidies. roflmao

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