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Economic Commentary

Welfare Reform and the Cyclicality of Welfare Programs

Congress, the White House, and the nation’s governors all seem to agree that it’s time for a dramatic overhaul of the U.S. welfare system. What has been harder to come by is a consensus on the fairest and most politically feasible way to implement that goal. President Clinton vetoed the welfare provisions in both the budget reconciliation bill and the Republican-sponsored Personal Responsibility Act of 1995, while the National Governors Association continues to stand solidly behind similar provisions in its own reform initiative.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Powers, Elizabeth. 1996. “Welfare Reform and the Cyclicality of Welfare Programs.” Federal Reserve Bank of Cleveland, Economic Commentary 6/1/1996.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International