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Business, 03.10.2019 04:00 debk

A1996 bill reforming the federal government's antipoverty programs limited many welfare recipients to only 2 years of benefits.

this change gives people the incentive to find a job quickly than if welfare benefits lasted forever.

the loss of benefits after 2 years will result in the distribution of income becoming equal. in addition, the economy will be efficient because of the change in working incentives.

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