Means-Tested Programs & Tax Credits for Low Income People : Spending Trends

Book Details

Format Paperback / Softback

ISBN-10 1626185522

ISBN-13 9781626185524

Publisher Nova Science Publishers Inc

Imprint Nova Science Publishers Inc

Country of Manufacture US

Country of Publication GB

Publication Date Jul 1st, 2013

Print length 50 Pages

Weight 148 grams

Dimensions 22.60 x 16.30 x 0.70 cms

Product Classification: Poverty & unemployment Social welfare & social services

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The federal government devotes roughly one-sixth of its spending to ten major means-tested programs and tax credits, which provide cash payments or assistance in obtaining health care, food, housing, or education to people with relatively low income or few assets. Total federal spending on these ten programs rose more than tenfold, or by an average of about six percent a year, in the four decades since 1972. In this book, the Congressional Budget Office (CBO) examines the federal government''s major means-tested programs and tax credits, with a focus on the factors that have affected spending on those means-tested programs. Also discussed is the projected path of spending for most of these programs over the coming decade if current laws remain in place.

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