GOVT-110 FA4 Lecture Notes - Lecture 15: Joe Biden, Fiscal Policy, Temporary Assistance For Needy Families
Document Summary
Show me your budget and i will tell you your values. vice president joe biden. Exam: not a big focus on monetary policy. Regulatory policy: antitrust, food and water safety. Contributory social programs: social security and medicare. Noncontributory social programs: medicaid, tanf, food stamps, & Good workers, citizens, social benefit: obligations to citizens. Citizens= shareholders: citizens don"t have as much of a choice, respond to donors, offer basic services, budget: tax revenue and debt, account for other countries, obligation: protect rights. Protect citizens: have to behave in a way that appeals to most voters, expenditures don"t result in profits. In 2014 more than million worth of food stamp benefits were spent at military commissaries. The federal poverty line for a family of four is ,300 (it is. ,880 for a single person: median rent for a 2 bedroom apartment in dc: (,240/year, poverty measure was developed in 1960"s when living costs were different.