Thursday, January 19, 2012

For Major Low-Income Programs, More Than 90 Percent Goes to Beneficiaries

http://www.cbpp.org/cms/index.cfm?fa=view&id=3655

By Robert Greenstein and CBPP Staff
January 12, 2012

Presidential candidate Mitt Romney has endorsed a proposal to eliminate major federal assistance programs for low-income Americans and turn them over to the states, often with deep funding cuts. But the rationale he offered for doing so in this past Sunday’s “Meet the Press” debate — that the federal bureaucracy eats up most of the money Congress provides for these programs, and little actually reaches people in need — is simply false. At least nine-tenths of federal spending for each of these programs (and in most cases, a higher percentage) reaches low-income Americans.

[...]

..

No comments:

Post a Comment