The Anti-Poverty Plan

It is shocking that in the richest country in the world, nearly 1/3 of our people are poor or near-poor. Nearly 40% of Americans would struggle to meet an unexpected expense of $400, according to a report by the Federal Reserve.¹ The poverty level is $25,750 annual income for a family with two adults and two children.² The Census reports that over 41 million people were poor in 2018.³ That means more than one in eight Americans live below the poverty line. Poverty rates are higher for African Americans and Native Americans - over 20 percent compared to 8.7 percent for non-Hispanic whites.⁴ When you include the near-poor, the figures rise to over 93 million people (about 29% of all people) that have income below 200% of the poverty level.⁴

The good news is that programs designed to alleviate poverty are helping.
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