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Record number of Americans plunged into poverty -- report

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posted on Feb, 25 2007 @ 01:24 AM
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Record number of Americans plunged into poverty -- report


Source Link: newsinfo.inquirer.net

WASHINGTON -- The gulf between rich and poor in the United States is yawning wider than ever, and the number of extremely impoverished is at a three-decade high, a report out Saturday found.

Based on the latest available US census data from 2005, the McClatchy Newspapers analysis found that almost 16 million Americans live in "deep or severe poverty" defined as a family of four with two children earning less than $9,903 -- one half the federal poverty line figure.

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