Thursday, April 18, 2013

Welfare Programs Now One-Sixth Of Federal Budget

 

Federal welfare programs now account for one-sixth of the federal budget ($588 billion), a figure that does not even include unemployment benefits, Social Security, and Medicare, reports Bill Frezza of Forbes.

The bleak Obama economy, however, is only factor driving welfare's growth, says Frezza. Corporate cronyism that profits from poverty programs has helped fuel a welfare industry that uses taxpayer dollars to generate corporate profits in ways that grow government:

More @ Breitbart

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