Before we start reforming welfare, we should decide what it is. What is welfare? That’s easy, you say. Welfare is your tax money being given to people who don’t work for a living. And reform? That’s ...

Did you know that the federal government spends more money on welfare than it does on Social Security, or Medicare, or the military? Me neither, perhaps because it isn’t true. It’s the kind of hooey ...

Fox's Eric Bolling relied on a Republican-commissioned study on federal spending for social benefit programs to claim the government spends more than $1 trillion on welfare. In fact, spending on ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...