Financing of means-tested programs is through

Question

Quizplus · Accepted Answer

Means-tested programs, such as Medicaid and SNAP, are primarily financed through general income tax revenues. This means that the funds are collected from all taxpayers, not just those who are eligible for the program. Bonds and T-bills are methods of government borrowing and are not directly related to means-tested programs. Contributory insurance funds may be used to finance some social programs, but are not typically used for means-tested programs. Budget surpluses could potentially be used to finance programs, but in practice, they are rare and not a reliable source of funding.

Financing of Means-Tested Programs Is Through