Friday, May 10, 2019

Fed Up with Welfare Abusers, Trump Moves To Redefine Poverty

In a prosperous country like the United States, when does somebody officially stop being “poor?”
It may seem like an irrelevant question, but deciding at what point a citizen is actually below the poverty threshold can have major effects on national spending and the economy. There’s a government formula, but the math may now be changing under President Donald Trump.
On Monday, the White House Office of Management and Budget released proposals that show it’s considering adjusting how poverty levels are calculated. If the administration moves forward on this path, people who are using — and often abusing — government handouts could be removed from welfare.
It all comes down to the “official poverty measure,” which is used to determine who qualifies for taxpayer-funded benefits. The methodology hasn’t changed much in almost 50 years, but that was before Trump.
“The measure, first set in the 1960s, is calculated at three times the cost of a minimum food diet and adjusted every year as prices rise,” Bloomberg reported.
Read the rest of the story HERE.

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