Home › News ›

Federal Government Redefines Poverty

Posted by: Nate Berg

4 March 2010 - 8:00am

The federal government is rewriting the way it defines poverty. As a result, city poverty levels are expected to see major shifts.

NPR talks about the new changes with Rebecca Blank, who serves as undersecretary for economic affairs at the Commerce Department.

"Today, the Commerce Department will announce a new experimental formula that includes things like taxes or tax credits, medical bills and work expenses. The official calculation will remain the same. Indeed, the Commerce Department says the new yardstick would be an inappropriate way to measure an individual, but it will give us a better picture both nationally and regionally."

Full Story: Commerce Department To Revise Poverty Measure
Source: NPR, March 3, 2010
»
Bookmark and Share
“
One of the keys to regional and local prosperity is the ability to attract and retain high-skilled people. ... Many people can, and do, choose where they want to live based on factors beyond their ability to make a living.
”