Topic: Vanessa Wight

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  • Who's poor in America? US tweaks how it defines poverty.

    Who's poor in America? US tweaks how it defines poverty.

    The Obama team is introducing a new formula for counting who is poor in America, but it won't be used to decide who qualifies for government aid. Reason for the change: Existing poverty formula, dating from the 1960s, doesn't capture modern expenses such as child care and healthcare.