Wednesday, 31 July 2013
Social Security is our best anti-poverty program
Posted on 07:50 by Unknown
Econonic Policy Institute -Social Security is, by far, the most effect anti-poverty program in the United States. Without Social Security, an additional 8.3 percent of Americans, or over 25 million more people, would fall below the SPM poverty threshold. Refundable tax credits, such as the Earned Income Tax Credit, kept 2.5 percent, or nearly 8 million Americans above the SPM poverty threshold. Other programs such as SNAP (food stamps), unemployment insurance, Supplemental Security Income, and housing subsidies also have a significant impact on the ability of families to stay afloat. - See more at: http://www.epi.org/blog/social-security-effective-anti-poverty-program/#sthash.ZC0YEP3M.dpuf
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