Skip to content

We ask you, urgently: don’t scroll past this

Dear readers, Catholic Online was de-platformed by Shopify for our pro-life beliefs. They shut down our Catholic Online, Catholic Online School, Prayer Candles, and Catholic Online Learning Resources—essential faith tools serving over 1.4 million students and millions of families worldwide. Our founders, now in their 70's, just gave their entire life savings to protect this mission. But fewer than 2% of readers donate. If everyone gave just $5, the cost of a coffee, we could rebuild stronger and keep Catholic education free for all. Stand with us in faith. Thank you.

Help Now >

Obama knocks the people for ANOTHER $2 TRILLION!

Free World Class Education
FREE Catholic Classes
New report shows government expenditures for 2013 fiscal year

According to data from the Bureau of the Fiscal Service's Monthly Treasury Statement, the federal government paid out more than $2 trillion in benefits and entitlements in the 2013 fiscal year.

Highlights

By Catholic Online (NEWS CONSORTIUM)
Catholic Online (https://www.catholic.org)
8/5/2014 (1 decade ago)

Published in U.S.

Keywords: US, News, Finance

LOS ANGELES, CA (Catholic Online) - The treasury statement summarizes the financial activities of the federal government and how the $2,007,358,200,000 was spent; this includes data on government recipients, outlays, and surplus and deficit totals.

You can be the change with "prayer and action."

The statement calculates these for the entire fiscal year of 2013, which began on the first of October, 2012 and ends September 30, 2013.

The federal government's total outlays (spending) for means-tested and non-means tested government programs-not including administrative expenses-totaled $2,007,611,200,000 in the 2013 fiscal year.

Most of the benefits from the $2 trillion (69.7%) came from non-means tested government programs that provide benefits to individuals who qualify regardless of income.

These programs include Medicare, Social Security, railroad retirement, unemployment compensation, workers' compensation, Veterans' compensation and Veterans' educational assistance. In fiscal year 2013, Americans received $1,399,253,000,000 in benefits from these programs.

Social security, with $663,216,000,000 and Medicare with $589,655,000,000 contributed the most to this total.

Programs where income is required to be below a certain level for an individual to be eligible for aid, contributed to 30.3% of the total amount in benefits.

These means-tested programs include public or subsidized rental housing, Federal Supplemental Security Income (SSI), food stamps (Supplemental Nutrition Assistance Program), Temporary Assistance for Needy Families (TANF), Women, Infants and Children (WIC), free and reduced lunch programs, Pell Grants, refundable tax credits and Medicaid.

These programs totaled $608,358,200,000 in fiscal year 2013.

---


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'


Copyright 2021 - Distributed by Catholic Online

Join the Movement
When you sign up below, you don't just join an email list - you're joining an entire movement for Free world class Catholic education.

Catholic Online Logo

Copyright 2024 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2024 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.

Catholic Online is a Project of Your Catholic Voice Foundation, a Not-for-Profit Corporation. Your Catholic Voice Foundation has been granted a recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code. Federal Tax Identification Number: 81-0596847. Your gift is tax-deductible as allowed by law.