The amount of money spent on welfare programs equals, when converted to cash payments, about "$168 per day for every household in so called poverty.
According to 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.
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," writes the minority side of the Senate Budget Committee.
"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 and filing status. State and local taxes further reduce the median household’s hourly earnings. By contrast, welfare benefits are not taxed."
Location: DAV, Deep in the Pineywoods of East Texas, just west of Shreveport, LA
Re: Welfare Spending Equates to $168 Per Day
And they want to cut my SS, and medicare so these bums can have even more! $137.13 per day comes out to about $960 per week, or $3800 per month. Per year that's $46,000 plus per year, and no taxes on that income!
Y'all be safe now, ya hear!
Without God we have no moral compass. Without Family we have no purpose. Without Guns we can not defend either our religious choice, or our family! Millwright