Federal Report Outlines Strategies to Reduce Child Poverty
After a two-year study commissioned by Congress, the National Academies of Sciences, Engineering and Medicine released a report on how to reduce child poverty. The 600-page report outlines four policy packages, two of which would cut child poverty in half over the next decade. Suggestions include increased tax credits, job training and direct assistance. Costs of the packages range from about $9 billion to $111 billion per year – but the report estimates that child poverty costs the United States between $800 billion and $1.1 trillion per year in lower adult productivity, higher crime rates and health expenditures. Click here to learn more.