Jul

13

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


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