Slide 15 of 49
Notes:
The remainder of the direct benefit payments to individuals represent about 41% of all entitlements or about 24% of the total federal budget. Yes, welfare is in here, but so are some other programs that many of you benefit from. Educational grants to name one. Subsidized student loans to name another. It looks like a new tax bill will be passed (7/29/97) that will include tax credits for college tuition. We could start cutting the budget right here.
