Can the US Halve Child Poverty in 10 Years?
A new report commissioned by Congress suggests current rates could be cut in half with an annual $90 billion investment that includes direct assistance and tax credits for working families. Doing nothing would cost tenfold, the report says, due to increased crime, bad health and lower productivity that result when poor children become adults. An estimated 13 percent of American kids lived in poverty in 2015, with higher rates among immigrant families.
Will Congress go for it? It’s unclear: The government has been reducing assistance to the poor, while the Trump administration is looking to chop domestic spending.