What Cash Assistance does the Government provide? | Episode 6 of Just the Facts: Do You Qualify?



Traditional “welfare” programs no longer exist in the United States. Instead the US provides other programs to assist those in need.
-TANF (Temporary Assistance for Needy Families) provides short term cash (up to 60 months in a lifetime) for very low income families with children.
-The EITC (Earned Income Tax Credit) is a refundable credit on federal taxes that results in a tax refund based on income limits.
-The CTC (Child Tax Credit) provides tax breaks on federal income taxes based on the number of children in a household.
-SSI (Supplemental Security Income) supports the elderly or disabled with very low incomes.
In total, these programs cost around 2.4% of the federal budget and reach tens of millions of people.

Learn more:
https://usafacts.org/articles/how-many-people-receive-government-assistance/
https://usafacts.org/articles/who-does-the-child-tax-credit-benefit-the-most/
https://usafacts.org/explainers/what-does-the-us-government-do/subagency/administration-for-children-and-families/

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