Pew Research: More than two-thirds of federal spending goes to social insurance
The Pew Research Center last week broke down how federal dollars are spent. The vast majority of spending is on social-insurance programs such as Social Security, Medicare and Medicaid: When thinking about federal spending, it’s worth remembering that, as former Treasury official Peter Fisher once said, the federal government is basically “a gigantic insurance company,” […]
12th of January 2017
How Washington state ranks on federal aid
The Tax Foundation is out with a new ranking: "Which States Rely the Most on Federal Aid?" Washington state is #33, with 29.2 percent of its Fiscal Year 2014 state general revenue coming from the federal government. The Foundation notes: In fiscal year 2014, over 60 percent of federal spending in the states went to […]