Wednesday, October 3, 2012

Florida, Sucking on the Teat of Federal Spending

[The Sunshine State is Uncle Sam's favorite.

Florida receives more federal funds than any other state, both in total dollars and on a per capita basis. In fact, based on total volume, Florida's take is 50 percent higher than No. 2 Texas.

According to an analysis by CNBC.com, Florida received $577.8 billion in the 2011 fiscal year, or a whopping $30,318 per capita. Rounding out the top five in per-capita payouts were Louisiana, South Carolina, Hawaii and Virginia.

The analysis included federal money used for government operations — distributed both to government agencies and contractors — as well as money for entitlement programs like Social Security, unemployment compensation and food stamps.]
http://miamiherald.typepad.com/nakedpolitics/2012/10/cnbc-florida-receives-more-in-federal-funds-than-any-other-state-30k-per-person.html

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