A whopping 87 percent of Obamacare customers to get taxpayer-funded subsidies in 2015 – but the Supreme Court could throw out the whole $65 BILLION system

Obamacare US Economy

About seven out of every eight Obamacare insurance customers who enrolled between November 15 and mid-December are poor enough to qualify for taxpayer-funded subsidies designed to lower their monthly premiums.

The Department of Health and Human Services reported that number Tuesday, saying it’s up from 80 percent a year ago.

Americans who participate in government-brokered medical insurance can get subsidies from the federal treasury if their households earn less than four times the government’s official ‘poverty’ level.

That situation describes 64 percent of all U.S. residents, according to the Kaiser Family Foundation. But far more are qualifying, suggesting that the Obamacare subscriber base is dramatically tilted toward low-income earners.

(Read the rest of the story here…)

21 Facts That Prove That Dependence On The Government Is Out Of Control In America

Government Dependence Handouts - Public Domain

If you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it? Of course most Americans that collect money from the government each month are not abusing the system. Many truly are incapable of taking care of themselves, and others are just receiving government benefits (such as Social Security) that they feel that they have earned by a lifetime of hard work. But with each passing year the number of Americans jumping on board “the safety net” continues to grow rapidly, and a lot of these people should be able to take care of themselves. Today, the American people collectively receive more money from the government than they pay in taxes. And remember, the federal government uses our money to build roads, inspect our food and fund the military as well. So what does this say about our economy? Could it survive without all of these debt-fueled transfer payments? And what does this say about our society? At one time, our nation was known for our Protestant work ethic. What would our forefathers say about us today? The following are 21 facts that prove that dependence on the government is out of control in America…

1. According to a Congressional Budget Office study that was just released, approximately 60 percent of all U.S. households get more in transfer payments from the government than they pay in taxes. Here is more about this stunning report from Mark J. Perry’s Carpe Diem blog

Some additional analysis and commentary will be provided here that reveal a yet-to-be discussed major implication of the CBO report – almost the entire burden: a) of all transfer payments made to American households and b) of all non-financed government spending, falls on just one group of Americans – the top one-fifth of US households by income. That’s correct, the CBO study shows that the bottom three income quintiles representing 60% of US households are “net recipients” (they receive more in transfer payments than they pay in federal taxes), the second-highest income quintile pays just slightly more in federal taxes ($14,800) than it receives in government transfer payments ($14,100), while the top 20% of American “net payer” households finance 100% of the transfer payments to the bottom 60%, as well as almost 100% of the tax revenue collected to run the federal government. Here are the details of that analysis.

cbo1

The figures in Row 6 in the table above (and displayed in the graph above) show the amount of federal taxes paid by the average household in each income quintile minus the average amount of government transfers received by those households in 2011. For each of the three lower income quintiles, their average government transfer payments exceeded their federal taxes paid by $8,600, $12,500, and $9,100 respectively, and therefore the entire bottom 60% of US households are “net recipients” of government transfer payments.

2. About 70 percent of all government spending now goes toward dependence-creating programs.

3. From 2009 through 2013, the U.S. government spent a whopping 3.7 trillion dollars on welfare programs.

4. The percentage of the U.S. population that gets money from the federal government grew by an astounding 62 percent between 1988 and 2011.

5. According to an analysis of U.S. government numbers conducted by Terrence P. Jeffrey, there are 86 million full-time private sector workers in the United States paying taxes to support the government, and nearly 148 million Americans that are receiving benefits from the government each month.

6. According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government. Sadly, that figure does not even include Social Security or Medicare.

7. Currently, there are somewhere around 40 million senior citizens in the United States. By 2050, that number is projected to skyrocket to 89 million. Supporting all of those senior citizens is going to be extraordinarily expensive.

8. Right now, more than 64 million Americans are receiving Social Security benefits.

9. Right now, more than 54 million Americans are enrolled in Medicare.

10. Right now, more than 70 million Americans are enrolled in Medicaid.

11. The number of Americans enrolled in the Social Security disability program now exceeds the entire population of the state of Virginia.

12. If the number of Americans on Social Security disability were gathered into a separate state, it would be the 8th largest state in the entire country.

13. In 1968, there were 51 full-time workers for every American on disability. Today, there are just 13 full-time workers for every American on disability.

14. At this point, the federal government runs about 80 different “means-tested welfare programs”, and almost all of those programs have experienced substantial growth in recent years.

15. The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 46 million today.

16. Ten years ago, the number of women in the U.S. that had jobs outnumbered the number of women in the U.S. on food stamps by more than a 2 to 1 margin. But now the number of women in the U.S. on food stamps actually exceeds the number of women that have jobs.

17. Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps.

18. Today, the number of Americans on food stamps exceeds the entire population of the nation of Spain.

19. According to one calculation, the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming.”

20. According to a report from the Center for Immigration Studies, 43 percent of all immigrants that have been in the United States for at least 20 years are still on welfare.

21. Most Americans are not earning enough to support themselves and their families without government help anymore. The following are some statistics about wages in the U.S. from a Social Security Administration report that was recently released

-39 percent of American workers made less than $20,000 last year.

-52 percent of American workers made less than $30,000 last year.

-63 percent of American workers made less than $40,000 last year.

-72 percent of American workers made less than $50,000 last year.

In order to have a middle class, you have got to have middle class jobs, and those are disappearing from our system very rapidly.

As a result, the number of people that are financially independent continues to drop.

So what will the future look like?

Will the government eventually have to take care of almost all of us?

Please feel free to share your thoughts on all of this by posting a comment below…

(Originally published on End of the American Dream)

Barack Obama hatches a plan to explode welfare

Barack_Obama_and_François_Hollande_on_board_Air_Force_One_February_2014

More than one-third of Americans are now receiving means-tested federal benefits, and Heritage Foundation analyst Rachel Sheffield says the Obama administration is planning to vastly increase spending on welfare and now measures the success of public assistance programs by the number of people signed up for benefits.

On Tuesday, the U.S. Census Bureau released statistics showing nearly 110 million Americans lived in households receiving benefits from one or more welfare programs at the end of 2012. That amounts to roughly 35.4 percent of the population. The data show the programs with the most beneficiaries include Medicaid (nearly 83 million people), food stamps (more than 51 million) and the Women, Infants and Children program (22.5 million).

Sheffield said while the 2012 numbers do not represent a huge leap from recent reports, they do confirm the sheer size of U.S. public assistance expenditures.

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Food stamp fraud rampant: GAO report

Food Stamps - Maulleigh on Flickr

Americans receiving food stamps were caught selling and bartering their benefits online for art, housing and cash, according to a new federal report that investigates fraud in the nation’s largest nutrition support program.

Complicating the situation is the fact states around the country are having trouble tracking and prosecuting the crimes because their enforcement budgets have been slashed despite the rapidly-rising number of food stamp recipients, according to the Government Accountability Office report.

Under the Supplemental Nutrition Assistance Program, or SNAP, 47 million people have been awarded $76 billion in benefits. State agencies are responsible for addressing SNAP recipient fraud under the guidance and monitoring of the Food and Nutrition Service.

(Read the rest of the story here…)

The 35.4 Percent: 109,631,000 Americans Are On Welfare

America Is Broke

109,631,000 Americans lived in households that received benefits from one or more federally funded “means-tested programs” — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau.

The Census Bureau has not yet reported how many were on welfare in 2013 or the first two quarters of 2014.

But the 109,631,000 living in households taking federal welfare benefits as of the end of 2012, according to the Census Bureau, equaled 35.4 percent of all 309,467,000 people living in the United States at that time.

When those receiving benefits from non-means-tested federal programs — such as Social Security, Medicare, unemployment and veterans benefits — were added to those taking welfare benefits, it turned out that 153,323,000 people were getting federal benefits of some type at the end of 2012.

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Americans Got More Than 2 Trillion Dollars In Benefits From The Government Last Year

Government Benefits

The federal government paid $2,007,358,200,000 in benefits and entitlements in fiscal year 2013 from government programs, according to data from the Bureau of the Fiscal Service’s Monthly Treasury Statement.

The treasury statement summarizes the financial activities of the federal government, including data on government receipts, outlays, and surplus and deficit totals.  The September 2013 monthly treasury statement calculates these metrics for the entire fiscal year of 2013, which began on October 1, 2012 and ended on September 30, 2013.

According to the statement, the federal government’s total outlays, otherwise known as spending, for means-tested and non-means tested government programs — not including administrative expenses —  totaled $2,007,611,200,000 in fiscal year 2013.

(Read the rest of the story here…)

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