A new study by the CATO Institute reveals that in 35 states, welfare benefits pay more than a minimum wage job.
This is an update to a 1995 CATO study that shows in many states, it's better to be on government assistance than to have an entry-level job. Researchers also found that welfare in 13 states pays more than $15 an hour.
MORE: CATO Institute Work vs. Welfare trade-off 2013
The federal hourly minimum wage is just $7.25 and hour.
By the way, the CATO Institute found that Arkansas, Tennessee and Mississippi have the lowest welfare benefits in the nation, in that order.
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