INVESTING IN PROVEN POLICIES AND PROGRAMS CAN CUT CHILD POVERTY 57 PERCENT
We can lift 5.5 million children out of poverty and improve the well-being of tens of millions more by investing in programs and policies already proven to work. The Children’s Defense Fund (CDF) contracted with the Urban Institute to study the impact of expanding and investing in proven approaches to increase employment, make work pay and meet children’s basic needs.
Together, CDF’s proposed policy improvements would:
• Reduce child poverty 57.1 percent, lifting 5.5 million children above the poverty line.
• Cut extreme child poverty 57.9 percent, lifting 1.3 million children above half the poverty line.
• Raise family incomes for 95 percent of poor children and improve economic circumstances for 57 percent of all children in America—42.3 million children in total.
• Cost $52 billion—just 1.4 percent of the federal budget and a fraction of the $1.9 trillion total cost of the tax cut Congress gave to the nation’s wealthiest individuals and corporations in 2017.
• Direct 100 percent of the new government spending for these improvements to families with children below 150 percent of the poverty line.
The United States can easily afford these investments, which would improve the odds for millions of children and help recover much of the nearly $700 billion our national economy loses each year due to child poverty’s effects on productivity, public health and crime.
Read the full report and analysis HERE
Read the 2019 Ohio Children Report HERE