Tell me that's not a perfect example of government waste when you could just send direct checks of 70 grand a year to people. The source of this dramatic mismatch is a fraud built into how various programs determine welfare eligibility. The government doesn't count any refundable tax credits or benefits that aren't paid in cash as income to the recipients. Some claim this is appropriate because the beneficiaries are aren't free to spend non cash benefits on whatever they like. But that is a specious argument because money is fungible. (30:14–30:22)
CLAIM
Asserts that non-cash benefits and refundable tax credits are not counted as income for welfare eligibility.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
