Thursday, October 18, 2012

Obama Spends $1 Trillion On Welfare


By Gary Bauer
Campaign for Working Families

What exactly is Barack Obama going to do with more of your money? Pay down the debt? No. Under Obama annual deficits have doubled and the national debt has increased 50%. 

Today brought the startling news that government spending on welfare programs has increased 32% since Obama was elected, and for the first time ever topped $1 trillion
 in a single year. That figure does not include spending on Social Security or Medicare.
 
My friends, it wasn't that long ago -- 1987 -- when $1 trillion funded the entire federal government. Today, $1 trillion barely pays for Obama's welfare spending.