New Poverty Measurement Rules: Better Data for Effective Programs
This act changes how poverty is measured in the U.S. to better assess the effectiveness of assistance programs. It will collect more data on income and benefits, allowing for a more accurate determination of who needs support and how current programs are performing. The goal is to better understand citizens' financial situations and ensure public funds are spent more effectively.
Key points
More income and benefit data: The Census Bureau will collect detailed information on various forms of support (e.g., tax credits, benefits, housing assistance) and citizens' incomes to more accurately determine poverty levels.
New poverty calculation method: In addition to existing indicators, an alternative poverty measurement method will be introduced, considering collected data and price changes, providing a more complete picture.
Personal data protection: The act ensures strict protection of collected personal data, and unauthorized disclosure will be severely punished.
Commission on benefit valuation: A commission will be established to develop recommendations for valuing government benefits, including non-cash ones, to aid in their inclusion in poverty measurement.
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