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Posted: Monday, March 5, 2012
In a new study from researchers at the University of Michigan and Harvard University, "the number of families living on $2 or less per person per day for at least a month in the U.S. has more than doubled in 15 years to 1.46 million" people.
Last year, state and federal governments spent $900 billion on 70 different programs that help those in need, from energy assistance and college grants to health care and food stamps. According to a researcher at the Heritage Foundation, most of the aid provided to the poor comes in the form of non-cash assistance. "Because the study shows households in extreme poverty for a month, it is more reflective of people losing jobs, getting divorces or having short-term crises"
Read the full article here: http://www.usatoday.com/NEWS/usaedition/2012-02-24-extreme-poverty_ST_U.htm
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