Thursday, December 13, 2012

$168 Per Day Is The Cash Equivalent Of Benefits To Poverty Households

Posted by Milton Recht:

From The Weekly Standard Blog, "Welfare Spending Equates to $168 Per Day for Every Household in Poverty" by Daniel Halper:
The amount of money spent on welfare programs equals, when converted to cash payments, about "$168 per day for every household in poverty," the minority side of the Senate Budget Committee finds. Here's a chart detailing the committee's findings:

Source: The Weekly Standard Blog

According to the Republican side of the Senate Budget Committee, welfare spending per day per household in poverty is $168, which is higher than the $137 median income per day. When broken down per hour, welfare spending per hour per household in poverty is $30.60, which is higher than the $25.03 median income per hour.

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