New Report Highlights the Value of Public Programs

Center on Budget and Policy Priorities/cbpp.org

The Center on Budget and Policy Priorities (cbpp.org) highlighted a report which reflects on the role of government assistance in keeping individuals out of poverty or deepening poverty:

Without the cash and non-cash income provided by programs such as Social Security, SNAP (formerly food stamps), and the Earned Income Tax Credit:

  • The share of Americans below the poverty line in 2004 ($19,307 for a family of four) would have more than doubled, from 13.5 percent to 29 percent.  That is, 45 million more Americans would have been poor.
  • The share of Americans in “deep poverty,” with incomes below half the poverty line, would have more than tripled, to 21 percent.
  • The share of Americans who are poor or near-poor, with incomes below one-and-a-half-times the poverty line, would have risen to about 40 percent.
Read the blog.
See the report abstract.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 78 other followers

%d bloggers like this: