tThe year 2022 saw the cost of living crisis gripping the United States United States of America. Residents across the states are now forced to spend more on basic necessities like food and gas, with their monthly expenses increasing as winter quickly approaches.
Fortunately, residents in middle- and lower-income households have a range of welfare plans that they can rely on to relieve the increasing financial pressure on their wallets.
In fact, during the first year of his presidency Joe Biden I signed the American Rescue Plan Act that took effect in March 2021.
What is the American Rescue Plan Act?
With the country’s economy faltering due to the COVID-19 pandemic, the American Rescue Plan Act is designed to inject a timely boost to the economy by offering direct payments to American families and investing in social welfare programs like SNAP, the unemployment and earned income tax credit, and the child tax credit.
According to the Census Bureau, welfare spending has nearly tripled over the past two decades, rising from $233 billion in 2000 to $743 billion in 2019.
Which country helps the poor the most?
Not surprisingly, liberal countries tend to spend more on welfare programmes. In fact, the top five countries that spend the most per capita on luxury are located on either coast.
Here are the top five states in America that spend the most on luxury:
5. Rhode Island
In fifth place we have Rhode Island which has per capita welfare spending at the state and level levels of $3,107.
4. Ca
California ranks fourth on the list with the Golden State spending approximately $3,403 on social spending per capita.
3. Massachusetts
Massachusetts ranks third with per capita state and local welfare spending of $3,574.
2. Alaska
Despite its low population density, Alaska comes in second with state and local welfare spending per capita at $3,811.
1. New York
New York comes in first with the Empire State spending nearly $4,094 on social spending per capita.
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