As we have explained, proposals from the President and House Republicans to raise rents on the poorest recipients of federal housing assistance could impose unaffordable burdens on many of them. Some people might question whether the proposed increases are really that significant: who couldn’t afford another $20-$25 per month?
Yesterday’s post in this series highlighted a recent study from the National Poverty Center showing that the number of extremely poor families — those living on less than $2 per person a day — more than doubled between 1996 and 2011, to 1.46 million. The number of extremely poor children also doubled, to 2.8 million.
Note: This is the first in a series of posts on extreme poverty that CBPP will do this week.
Living on less than $2 per person a day is one World Bank definition of poverty for developing nations. Unfortunately, this threshold is increasingly relevant to the United States, according to a new study from the National Poverty Center.