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Ch17 Flashcards - libertarian the political philosophy that...

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We the People 7e. Chapter 17 Title Description Reference contributory programs social programs financed in whole or in part by taxation or other mandatory contributions by their present or future recipients cost-of-living adjustment (COLA) a change made to the level of benefits of a government program based on the rate of inflation entitlement a legal obligation of the federal government to provide payments to individuals, or groups of individuals according to eligibility criteria or benefit rules equality of opportunity widely shared American ideal that all people should have the freedom to use whatever talents and wealth they have to reach their fullest potential food stamps a debit card that can be used for food at most grocery stores; the largest in kind benefits program indexing periodic process of adjusting social benefits or wages to account for increases in the cost of living in-kind benefits non cash goods and services provided to needy individuals and families by the federal government
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Unformatted text preview: libertarian the political philosophy that is skeptical of any government intervention as a potential threat to individual liberty means testing a procedure by which potential beneficiaries of a public-assistance program establish their eligibility by demonstrating a genuine need for the assistance Medicaid a federally and state-financed, state-operated program providing medical services to low-income people Medicare a form of national health insurance for the elderly and the disabled noncontributory programs social programs that provide assistance to people on the basis of demonstrated need rather than any contribution they have made Social Security a contributory welfare program into which working Americans contribute a percentage of their wages, and from which they receive cash benefits after retirement tax expenditures government subsidies provided to employers and employees through tax deductions for amounts spent on health insurance and other benefits...
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