Based on a WalletHub study, Mississippi is the state most dependent upon federal funding and brings in $3.07 of federal funds for every $1 in taxes sent to Washington, DC. Per the Tax Foundation, federal funding accounts for 45.8% of Mississippi’s revenue.
Although Mississippi is considered a “Red State,” or politically conservative, it ranks among the highest in federal dollars received per tax dollar paid. With a political ideology that decries government hand-outs, Mississippi is “having its cake and eating it too.”
Influential leadership in Congress over the last 60 years has contributed to Mississippi’s current fiscal situation. Sen. John C. Stennis (D) chaired the Senate Armed Services Committee from 1969-1981 and the Senate Appropriations Committee from 1987-1989. Former Sen. Trent Lott, even though a Republican, continued that legacy started by Stennis and rose to Senate Majority Leader before his resignation in 2007. Likewise, Sen. Thad Cochran (R) has also done much to bring federal funds into the state and, if re-elected to a 7th term, is in line to chair the powerful Senate Appropriations Committee.
The WalletHub study didn’t include just welfare payments but also included federal contracts and federal employees’ salaries. With the benefit of over a half-century of federal dollars and jobs pouring into the state, Mississippi still ranks near the bottom in several performance measures.
According to Politico and Cottonmouth, state Sen. Chris McDaniel has even identified Mississippi as a “welfare state.” With endless campaign ads currently touting Cochran’s ability to bring federal funds to the state, Sen. Cochran tweeted this:
Wow. Did Cochran just undermine his entire record? Ever wonder why our country is $17 Trillion in debt?
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