learn more about working at cbo and check out the agency’s career opportunities
report
July 16, 2012
read complete document (pdf, 412 kb)
Poverty and Income Security
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, alleviate some of poverty's adverse consequences, and enhance income security.
Full Text
- printer-friendly version
- screen-friendly version
Supplemental Material
- blog post
Growth in Means-Tested Programs and Tax Credits for Low-Income Households
Feb 2013 - During the past 40 years, federal spending for major means-tested programs and tax credits for low-income households more than tripled as a share of gross domestic product. In 2012, such spending totaled $588 billion.
Federal Grants to State and Local Governments
Mar 2013 - In 2011, the federal government provided $607 billion in grants to state and local governments, accounting for 17 percent of federal outlays and a quarter of spending by states and localities. Nearly half of that amount was for Medicaid.
monthly archive
- May 2013 (2)
- April 2013 (14)
- March 2013 (22)
- February 2013 (10)
- January 2013 (11)
- December 2012 (4)
- November 2012 (10)
- October 2012 (4)
- September 2012 (6)
- August 2012 (5)
- July 2012 (11)
- June 2012 (8)
monthly archive
- May 2013 (2)
- April 2013 (14)
- March 2013 (22)
- February 2013 (10)
- January 2013 (11)
- December 2012 (4)
- November 2012 (10)
- October 2012 (4)
- September 2012 (6)
- August 2012 (5)
- July 2012 (11)
- June 2012 (8)
monthly archive
- May 2013 (2)
- April 2013 (14)
- March 2013 (22)
- February 2013 (10)
- January 2013 (11)
- December 2012 (4)
- November 2012 (10)
- October 2012 (4)
- September 2012 (6)
- August 2012 (5)
- July 2012 (11)
- June 2012 (8)