David Brooks, in today's New York Times:
FMS
In 1960, government transfers to individuals totaled $24 billion. By 2010, that total was 100 times as large.i.e., $2.4 trillion
FMS
FMS is the principal disbursing agent of the federal government. Each year, FMS issues more than 1 billion payments, or approximately 84% of all federal payments, in excess of $2.4 trillion. These include social security, veterans' benefits, Office of Personnel Management federal salary and retirement, railroad retirement, income tax refund and vendor payments.I'm guessing therefore that David Brooks is including income tax refunds in the "government transfers to individuals". For wage-earning people, this means that the federal tax withheld at the source is too high.
