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POVERTY REDEFINED BY OBAMA ADMINISTRATION
CHRISTIAN SCIENCE MONITOR - For the first time in nearly 45 years, the US is changing the way it defines poverty.
The Obama administration announced a new formula that will take into account a wider range of factors in determining who is poor. The Supplemental Poverty Measure will provide a more accurate portrait, the administration says, of how many Americans are struggling financially, though it will not entirely replace the existing poverty measure in use since the mid-1960s.
The new measure is expected to show that the poverty rate in America is higher than the number produced under the existing formula.
In addition to simply calculating a family’s income and cost of food, as the current formula does, the new measure will take into account modern expenses and in-kind benefits. Among those modern expenses: the higher cost of healthcare, childcare, housing, and utilities
The Obama administration announced a new formula that will take into account a wider range of factors in determining who is poor. The Supplemental Poverty Measure will provide a more accurate portrait, the administration says, of how many Americans are struggling financially, though it will not entirely replace the existing poverty measure in use since the mid-1960s.
The new measure is expected to show that the poverty rate in America is higher than the number produced under the existing formula.
In addition to simply calculating a family’s income and cost of food, as the current formula does, the new measure will take into account modern expenses and in-kind benefits. Among those modern expenses: the higher cost of healthcare, childcare, housing, and utilities
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