Friday, November 8, 2013

Six-Figure Poverty

On the floor of the House of Representatives in May, Ms. Jackson Lee explained that "the Affordable Care Act is to lift your boat" and is for those in "poverty" in which she included those who are "poor," "low-income," and "working middle class."

The Affordable Care Act provides subsidies for Americans with incomes at or below 400 percent of poverty ($94,200 for a family of four). The middle class would include those with incomes from one to four times the federal poverty level (FPL). A look at US Household income or a distribution chart shows that this includes at least 75 percent of Americans.

Do the American people really believe that three quarters of the country are in some form of poverty now?