The States Doling Out the Best (And Worst) Benefits

12/24/2012 12:10 pm ET | Updated Feb 23, 2013
  • 24/7 Wall St.

With the president and Congress attempting to reach a budget deal in an effort to avoid the fiscal cliff, it is likely they will agree on spending cuts, including those to entitlement programs. If they do not reach a deal in time, the nation may stumble into another recession triggered by the automatic austerity measures related to the fiscal cliff. Either way, there is almost no doubt that social programs and other spending will be cut in some way. The latest offer on the table includes the elimination of unemployment insurance for hundreds of thousands of Americans, as well as longer-term reductions in Social Security.

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