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What is the Poverty Rate?

poverty rate
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What is the Poverty Rate?

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Each year, the U.S. Census Bureau calculates what the national poverty rate is and how many people are living in poverty. For 2008, the poverty rate was about $22,000 for a family of four. There were approximately 39 million people considered living at or below the poverty rate.[2] Means-tested programs are limited to those at or below the poverty line. However, many welfare benefits go beyond this threshold to include persons who have incomes below 200 percent the poverty level, or about $44,000 per year for a family of four. Close to one-third of the U.S. population falls within this income range. A family of four at this income level would be eligible for approximately $28,000 worth of federal and state welfare benefits per year. The Obama Blueprint to Spend More and Expand the Welfare State Of the 70 different means-tested programs run by the federal government, almost all of them have received generous increases in their funding since President Obama took office. Some have also be

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