The financial cost to America

Written by on August 4, 2014 in Spending Research Data with 0 Comments

This series of infographics demonstrates that the federal government is borrowing every penny necessary to fund its welfare entitlement giveaway programs, every year.

This is despite the fact that according to major think tanks (example), only 14% of our federal expenditures go to pay for “safety-net” programs.

How long could a household that earns $30,000 a year but spends $60,000 a year be able to find sources that are willing to make $30,000 loans, year in and year out? We are on a path towards bankruptcy – and this has not even entered into our national discussion.
 
 
 
 

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