Which of the following are the largest income transfer programs in the United States?

Question

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Social Security and Medicare are the largest income transfer programs in the United States, as they provide benefits to millions of Americans every year. Social Security provides retirement, disability, and survivor benefits to eligible individuals, and Medicare provides health insurance for those over 65 and those with certain disabilities. Farm subsidies, veterans' benefits, and welfare payments are also significant income transfer programs, but they are smaller in scale compared to Social Security and Medicare.

Which of the Following Are the Largest Income Transfer Programs