One thing growing in this economy: Welfare!
This morning’s news (and keep in mind that the Senate Democrats last passed a budget on April 9, 2009):
NO SURPRISE: Jobless claims rise 46,000...
Under Obama, for every $7 brought in by gov't, $11 spent...
According to the CRS report, which focused solely on federal spending for federal welfare programs, spending on federal welfare programs increased $563.413 billion in fiscal year 2008 to $745.84 billion in fiscal year 2011 — a 32 percent increase.
Further, spending on the 10 largest federal welfare programs has doubled as a share of the federal budget in the last 30 years: In inflation-adjusted dollars, according to Republican staff on the Senate Budget Committee, the amount spent on these programs has increased 378 percent in that 30 year time frame.
The $1.3 trillion does not include Social Security ($725 billion) or Medicare ($480 billion).
Read the Congressional Research Service here,