80 Poverty Programs; $750 Billion Yearly Cost; Poverty Persists
Wednesday, January 27, 2016
According to House Speaker Paul Ryan, “The federal government now runs more than 80 different antipoverty programs at a cost of about $750 billion a year. Yet 46 million Americans are poor today, and the poverty rate has barely budged: from 19% in 1965 to 14.8%.”