The largest amounts of dollars spent on income transfers are for

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Social insurance programs, such as Social Security and Medicare, are the largest income transfer programs in the United States, accounting for the largest proportion of government spending on income transfers. Welfare programs and TANF (Temporary Assistance for Needy Families) are also income transfer programs, but they do not have as large a budget as social insurance programs. Unemployment insurance is a type of social insurance program, but it is targeted specifically at individuals who have lost their jobs, and does not make up a significant portion of income transfers overall.

The Largest Amounts of Dollars Spent on Income Transfers Are