CBO: Poverty and Income Security

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“The share of people living in the United States in families with income below the official federal poverty threshold has fluctuated between about 11 percent and about 15 percent over the past several decades. CBO analyzes a wide variety of federal programs that aim to reduce poverty, alleviating some of poverty’s adverse consequences, and enhance income security.”

See CBO, Poverty and Income Security.

“Since its founding in 1974, the Congressional Budget Office has produced independent, nonpartisan, timely analysis of economic and budgetary issues to support the Congressional budget process. The agency’s long tradition of nonpartisanship is evident in each of the dozens of reports and hundreds of cost estimates its economists and policy analysts produce each year. CBO analyses do not make policy recommendations, and each report and cost estimate discloses our assumptions and methodologies. All CBO employees are appointed solely on the basis of professional competence, without regard to political affiliation.”

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