Unformatted text preview: Basic Welfare Programs Welfare consists of a variety of policies with different goals: • Supplemental Security Income (SSI): Offers aid to elderly and disabled people who do not qualify for social security benefits • Food stamps: Gives low-income people coupons with which to purchase food • Earned Income Tax Credit (EITC): Refunds some or all of a family’s social security taxes • Public housing: Creates and subsidizes apartments and other dwellings for low-income families • Rent vouchers: Provides grants to low-income individuals to help defray housing costs • Medicaid: Provides low-cost medical care to those on welfare Corporate Welfare The federal government has many policies designed to stimulate the economy by assisting businesses. For instance, the government subsidizes some agricultural products and offers tax credits for various types of research. Critics of such programs accuse the government of promulgating “corporate welfare.”...
View Full Document
This note was uploaded on 01/31/2012 for the course POS POS2112 taught by Professor Leslietaylor during the Winter '09 term at Broward College.
- Winter '09