Study: More Than Half a Trillion Dollars Spent on Welfare But Poverty Levels Unaffected

The rate won't go down until those who are able are forced to work or lose benefits.

The federal government is not making much headway reducing poverty despite spending hundreds of billions of dollars, according to a study by the libertarian Cato Institute.

Despite an unprecedented increase in federal anti-poverty spending, the national poverty rate has not declined, the study finds.

“[S]ince President Obama took office [in January 2009], federal welfare spending has increased by 41 percent, more than $193 billion per year,” the study says.

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