Biden’s Welfare Plan Discourages Work | Robert Rector on Fox Business — Transcript

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1. 0:00joining us now to talk about cradle to
2. 0:02the grave biden
3. 0:03we have robert rector senior research
4. 0:05fellow at the heritage foundation robert
5. 0:07thank you
6. 0:08we don't have a lot of time but i wanted
7. 0:09you to get your spot here
8. 0:11this is cradle to grave throwing cash
9. 0:13grants around
10. 0:14no work incentives what is going on here
11. 0:19it's worse than that it reverses the
12. 0:21work incentives that were established in
13. 0:23welfare reform under bill clinton
14. 0:25this is being held out as tax relief for
15. 0:29working families it's not
16. 0:3170 percent of the benefits go to
17. 0:33families that don't
18. 0:34pay any taxes it's simply cash grants on
19. 0:37a monthly basis
20. 0:38but more importantly it's 80 billion
21. 0:40dollars a year on top of 50 billion
22. 0:42dollars a year
23. 0:44we already give to low-income families
24. 0:46with children
25. 0:47and it eliminates the work requirements
26. 0:49in this major new program
27. 0:51thereby reversing everything welfare
28. 0:54reform was based on the idea that the
29. 0:56best way to benefit the poor was to form
30. 0:58a
31. 0:59partnership between welfare and work and
32. 1:01marriage
33. 1:02that was dramatically successful it
34. 1:05dropped the
35. 1:06poverty rate of single mothers from
36. 1:08around 35 percent
37. 1:10in the early 90s down to less than eight
38. 1:12percent today and it's continuing to
39. 1:14fall
40. 1:15the teen birth rate was cut by 75
41. 1:18percent
42. 1:18this goes in exactly the opposite
43. 1:20direction it goes back to paying people
44. 1:23not to work
45. 1:24paying people not to be married paying
46. 1:26peop teenagers to have babies
47. 1:29paying illegal immigrants which millions
48. 1:31of them will get this benefit
49. 1:33thousands of dollars a year under the
50. 1:36welfare system
51. 1:38huge huge close to a trillion dollars of
52. 1:40new spending here
53. 1:42that's not the real problem it's all
54. 1:44spent in the wrong way
55. 1:45that will actually drive people further
56. 1:48into poverty
57. 1:49kids need to grow up with the example of
58. 1:51a working parent at least one
59. 1:53in the home bill clinton understood that
60. 1:56everybody understood that 25 years ago
61. 1:59now we're going back to the worst of the
62. 2:01old system
63. 2:02all right robert rector that was a great
64. 2:04riff you are i can't thank you enough
65. 2:06for helping the show out
66. 2:07and we'll spend more time with you about
67. 2:10all this
68. 2:10bad transformation all right robert
69. 2:13rector
70. 2:14thanks for watching the heritage
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