The Temporary Assistance for Needy Families (TANF) program provides cash assistance to needy American families and was established in 1997 by the Personal Responsibility and Work Opportunity Act under President Bill Clinton on July 1st. It costs approximately $17.28 billion annually, administered by states but funded 80% by the federal government. States must meet work requirements to receive block grants and can only provide cash assistance for up to 6 months to encourage employment and reduce long-term dependency. The program has faced political controversy but not major modifications since inception.