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The American dream? 80% will be near poverty, jobless, or on welfare

A new Associated Press survey finds a deteriorating economy, growing economic inequality, and a disappearing American dream, just as the president looks to re-energize his economic agenda.Full story

New report of welfare abuse

More allegations of abuse in the welfare system. Some food stamp recipients are reportedly using their benefits to buy food, and  then they send it overseas to family members. Full story

Rep. Darrell Issa tries (and fails) to rewrite himself at IRS Hearing

  MSNBC's Lawrence O'Donnell looks at how House Oversight Committee Chairman Darrell Issa tried to rewrite himself in the latest hearing on the processing of tea party applications for 501(c)4 tax-exempt status.

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Articles

Leading UK foodbank notes 200 percent increase

Argentina: Women will now collect welfare money

Mass. lawmakers agree on photo IDs for EBT cards

Welfare limits tied to more deaths over time: study

Britain's Labour seeks to win back trust on economy

Insight: Nordic nations grapple with 'austerity lite'

Rich nations' wealth gap widens as welfare cut: OECD

Two IRS scandals hit Washington: One you’ve heard of, one you haven’t

Unbelievable: Limbaugh complains Ohio kidnap victims might get welfare

Monkeys at Risk as Harvard Terminates Center: Op-Ed

Video

  Tea Partiers testify over IRS filings

Republicans on the House Ways and Means Committee called conservative grassroots activists to testify about filing their 501(c)4 applications with the IRS. But no GOP lawmakers asked why the IRS is not complying with the law that states that 501(c)4s must be devoted "exclusively" to social welfare.

  IRS law a ‘disaster waiting to happen’

What if Congress held a hearing on a political scandal and most political media couldn't figure out what the scandal actually is? MSNBC's Lawrence O'Donnell discusses the real IRS scandal with MSNBC's Joy Reid and Democratic Congresswoman Eleanor Holmes Norton.

  Has campaign finance brought social welfare groups into the spotlight?

The UP panel talks about the evolution of campaign finance and how it’s impacted politics, working families and the economy.

  IRS acting commissioner testifies on agency targeting Tea Party groups

NBC’s Luke Russert reports on IRS acting commissioner Steven Miller’s testimony in front of Congress on Friday regarding the IRS scandal. Rep. Earl Blumenauer of the House Ways and Means Committee also joins The Cycle to discuss.

  Since Citizens United, 501(c)(4) applications skyrocketed

The New York Times’ Nick Confessore gives Alex Wagner and the NOW panel the 411 on 501(c)(4) taxes.

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Related Photos

Members of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, shout slogans after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the
Members of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, shout slogans after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the

Members of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, shout slogans after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the Jamaat-e-Islami party, to death in Dhaka Jul

A member of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, reacts after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the Jamaat
A member of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, reacts after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the Jamaat

A member of Bangladesh Muktijoddha Sangsad, a welfare association for combatants who fought during the war for independence from Pakistan in 1971, reacts after a war crimes tribunal sentenced Ali Ahsan Mohammad Mojaheed, 65, secretary general of the Jamaat-e-Islami party, to death in Dhaka July 17,

People walk past a public welfare poster outside a construction site in Beijing's central business district
People walk past a public welfare poster outside a construction site in Beijing's central business district

People walk past a public welfare poster outside a construction site in Beijing's central business district, July 8, 2013. China's resolve to revamp its economy for the long-term good will be tested this month when a slew of data show growth is grinding towards a 23-year low, with no recovery in sig