Per Wikipedia, "At a cost of $56 billion in 2013, the EITC is the third-largest social welfare program in the United States after Medicaid ($275 billion federal and $127 billion state expenditures) and food stamps ($78 billion)".[1] That looks to me like Medicaid spending is nearly 8x that of EITC.
And that's just Medicaid. Medicare spending is greater still, though I don't know the breakdown of Medicare spending by revenue source--FICA vs straight government subsidy. The subsidized component may be less than Medicaid, or may already be accounted for by Medicaid.
Per Wikipedia, "At a cost of $56 billion in 2013, the EITC is the third-largest social welfare program in the United States after Medicaid ($275 billion federal and $127 billion state expenditures) and food stamps ($78 billion)".[1] That looks to me like Medicaid spending is nearly 8x that of EITC.
And that's just Medicaid. Medicare spending is greater still, though I don't know the breakdown of Medicare spending by revenue source--FICA vs straight government subsidy. The subsidized component may be less than Medicaid, or may already be accounted for by Medicaid.
[1] https://en.wikipedia.org/wiki/Earned_income_tax_credit Wikipedia's source is http://www.heritage.org/research/reports/2013/08/federal-spe...