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U.S. sees highest poverty spike since the 1960s
Posted By admin On April 3, 2013 @ 10:48 am In Money Watch,Tile | Comments Disabled
UK Daily Mail 
April 3, 2013
The number of Americans living in poverty has spiked to levels not seen since the mid 1960s, classing 20 per cent of the country’s children as poor.
It comes at a time when government spending cuts of $85 billion have kicked in after feuding Democrats and Republicans failed to agree on a better plan for addressing the national deficit.
The cuts will directly affect 50 million Americans living below the poverty income line and reduce their chances of finding work and a better life.
Before spending cuts kicked in on March 1st, 49-year-old Antonio Hammond became a success story for Catholic Charities of Baltimore – one of a multitude of organizations trying to haul people out of poverty.
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 UK Daily Mail: http://www.dailymail.co.uk/news/article-2302997/U-S-sees-highest-poverty-spike-1960s-leaving-50-million-Americans-poor-government-cuts-billions-spending.html#ixzz2PPnDayO7
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