Monday, February 18, 2013

Increase the proportion of spending on means-tested programs in the U.S..


In the United States from 1972 to 2012, federal spending for means-tested programs and tax credits grew from 1 percent to almost 4 percent of GDP (see figure). These programs provide cash payments or assistance in obtaining health care, food, housing, or education to people with low incomes or few assets. Complete note here.
Source: Extracted from an article of the Congressional Budget Office. 

No comments: