Breakdown of Federal Expenditures:

Public Assistance and Related Programs

Amount % of Budget

E.I.T.C. $15.2B 1.00%

Legal Services .429B .028%

Daycare Asst. .933B .061%

Veterans Asst. 3.0B .197%

Housing Asst. 25.5B 1.68%

Total 45.06B 2.966%

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Here are some more public assistance and related programs. The Earned Income Tax Credit is a program designed to encourage people with low incomes to work rather than be totally dependent upon public assistance. This incentive is created by decreasing their federal income tax liability. If an individual or family makes below a certain income, their federal income tax liability is reduced by a tax credit. The lower their income, the higher the tax credit. The higher their income, the lower the credit to a point that the credit reaches zero. This program required $15.2 billion from the federal budget in 1995 representing 1.00% of the total budget. Cut it?

Legal services provided to low income individuals and daycare assistance provided to working, low income individuals totals 1.362 billion. Cut it?

Veterans assistance was $3.0 billion in 1995. Cut it?

Housing assistance to low income families was $25.5 billion. Cut it?

The programs listed here total $45.06 billion representing a little less than 3% of the total federal budget.