POVERTY At a Glance
Help More Americans Climb the Job Ladder
Obama will help low-income Americans enter the workplace and move up the career ladder.
Expand the Earned Income Tax Credit (EITC)
Obama will increase benefits and expand the number of individuals eligible for EITC, one of the most successful antipoverty programs in history.
Establish Promise Neighborhoods to Combat Chronic Urban Poverty
Obama will create Promise Neighborhoods to provide comprehensive services in impoverished areas in 20 American cities.
Support Economic Development in Low-Income Communities
Obama will help local entrepreneurs revitalize inner cities.
Increase Affordable Housing
Obama will increase the supply of affordable housing across the U.S.
THE PROBLEM
Poverty Rising
There are nearly 37 million poor Americans. Most Americans living in poverty work, but still cannot afford to make ends meet.
Minimum Wage is Not Enough
Even when a parent works full-time earning minimum wage and EITC and food stamps are factored into their income, families are still $1,550 below the federal poverty line because of the flat-lined minimum wage.
POVERTY
BARACK OBAMA's Plan
Expand Access to Jobs
Help Americans Grab a Hold of and Climb the Job Ladder
Obama will invest $1 billion over five years in transitional jobs and career pathway programs that implement proven methods of helping low-income Americans succeed in the workforce.
Create a Green Jobs Corps
Obama will create a program to directly engage disadvantaged youth in energy efficiency opportunities to strengthen their communities, while also providing them with practical skills in this important high-growth career field.
Improve Transportation Access to Jobs
As president, Obama will work to ensure that low-income Americans have transportation to their jobs. Obama will double the federal Jobs Access and Reverse Commute program to ensure that additional federal public transportation dollars flow to the highest-need communities and that urban planning initiatives take this aspect of transportation policy into account.
Reduce Crime Recidivism by Providing Ex-Offender Supports
Obama will work to ensure that ex-offenders have access to job training, substance abuse and mental health counseling, and employment opportunities. Obama will also create a prison-to-work incentive program and reduce barriers to employment.
Make Work Pay for All Americans
Expand the Earned Income Tax Credit: Obama will increase the number of working parents eligible for EITC benefits, increase the benefits available to parents who support their children through child support payments, increase benefits for families with three or more children, and reduce the EITC marriage penalty, which hurts low-income families.
Create a Living Wage
Obama will raise the minimum wage and index it to inflation to make sure that full-time workers can earn a living wage that allows them to raise their families and pay for basic needs such as food, transportation, and housing.
Provide Tax Relief
Obama will provide all low and middle-income workers a $500 Making Work Pay tax credit to offset the payroll tax those workers pay in every paycheck. Obama will also eliminate taxes for seniors making under $50,000 per year.
Strengthen Families
Promote Responsible Fatherhood
Obama will sign into law his Responsible Fatherhood and Healthy Families Act to remove some of the government penalties on married families, crack down on men avoiding child support payments, and ensure that payments go to families instead of state bureaucracies.
Support Parents with Young Children
Obama will expand the highly-successful Nurse-Family Partnership to all 570,000 low-income, first-time mothers each year. The Nurse-Family Partnership provides home visits by trained registered nurses to low-income expectant mothers and their families.
Expand Paid Sick Days
Today, three out of four low-wage workers have no paid sick days. Obama supports guaranteeing workers seven paid sick days per year.
Increase the Supply of Affordable Housing
Create an Affordable Housing Trust Fund
Obama will create an Affordable Housing Trust Fund to develop affordable housing in mixed-income neighborhoods.
Fully Fund the Community Development Block Grant
Obama will fully fund the Community Development Block Grant program and engage urban leaders across the country to increase resources to the highest-need Americans.
Tackle Concentrated Poverty
Establish 20 Promise Neighborhoods: Obama will create 20 Promise Neighborhoods in cities across the nation that have high levels of poverty and crime and low levels of student academic achievement. The Promise Neighborhoods will be modeled after the Harlem Children's Zone, which provides a full network of services, including early childhood education, youth violence prevention efforts and after-school activities, to an entire neighborhood from birth to college.
Ensure Community-Based Investment Resources in Every Urban Community
Obama will work with community and business leaders to identify and address the unique economic development barriers of every major metropolitan area. Obama will provide additional resources to the federal Community Development Financial Institution Fund, the Small Business Administration and other federal agencies, especially to their local branch offices, to address community needs.
Invest in Rural Areas
Obama will invest in rural small businesses and fight to expand high-speed Internet access. He will improve rural schools and attract more doctors to rural areas.
OBAMA'S RECORD
Tax Relief for Low-Income Working Families
Obama created the Illinois Earned Income Tax Credit for low-income working families in 2000 and successfully sponsored a measure to make the credit permanent in 2003. The law offered about $105 million in tax relief over three years.
Housing
In the Illinois State Senate, Obama championed multiple pieces of legislation to help low-income families find adequate affordable housing.