More Food Fight Material for the Left, from Stefan Jovanovich
59% of the U.S. Population (roughly 181 million people) receive direct or indirect benefits from the Federal government
46.5 million receive Social Security payments
42.6 million are eligible for Medicare payments of medical expenses
42.4 million are eligible for Medicaid payments of medical expenses
36.1 million receive food stamps
12.4 million receive housing subsidies
Total direct and indirect benefits paid to U.S. Households by the U.S. Treasury were $2.3 trillion in the last fiscal year During that same period taxes collected by the U.S. Treasury were $2.2 trillion
There have been 2 periods in American history when income support and other benefit payments exceeded tax revenues for the Federal government:
a. 1931 to 1936 b. 2008 to the present