Think Tank: Deficit Reduction Should Not Increase Poverty and Hardship
As President Obama and lawmakers of both parties continue to joust over continued federal deficit reduction, they must adhere to a principle that such reductions should not increase poverty or further erode the nation’s safety net, according to a group of analysts at a prominent Washington think tank. “If policymakers heavily target programs that serve vulnerable Americans, they will run the risk of increasing poverty and hardship and reducing opportunity for those on the lower rungs of the economic ladder, limiting their future educational and employment prospects,” say analysts from the Center for Budget and Policy Priorities. “If, however, policymakers take a more balanced approach to deficit reduction, one that includes adequate new revenues to complement additional spending cuts, they … Continue reading





