Booker, Clyburn Come Together to Fight Poverty in America

Poverty in America.

This week U.S. Senator Cory Booker (D-NJ) and U.S. House Assistant Democratic Leader James E. Clyburn (SC-6) introduced a major new bicameral bill that they say will expand the successful 10-20-30 anti-poverty formula to a significantly larger group of federal accounts to ensure more funds are targeted to persistent poverty communities. The bill, titled An Act Targeting Resources into Communities in Need, also ensures federal investment in all high-need communities by targeting funding into high-poverty census tracts.

“While genius is spread equally across the country, opportunity is not. By more strategically targeting limited federal resources to the places that need them the most, we can bring investment to communities that for too long have been left behind,” said Booker.

An Act Targeting Resources into Communities in Need expands the 10-20-30 formula which requires a minimum of ten percent of federal funds of a particular federal spending account go to communities in which the poverty level has been twenty percent or higher over the past thirty years.  The formula was successfully applied to three accounts in the American Recovery and Reinvestment Act of 2009, fifteen accounts in the omnibus appropriations law for 2017 and fourteen for 2018.  This new bill expands the number of federal accounts using the formula to distribute more funds to targeted persistent poverty communities.

“Poverty in the richest country in the world exists not from a lack of resources but a failure of political will. This exciting new legislation employs proven anti-poverty tools to target federal funds where they are needed most and where they will do the most good.  Congress must act on this urgent priority,” said Clyburn.

To ensure federal investment reaches all high-need communities, including smaller pockets of deep poverty and those communities experiencing more recent economic downturns, the bill would also require certain federal agencies to target resources to census tracts (a geographic designation significantly smaller than counties) with poverty rates currently exceeding twenty percent.  Agencies would be instructed to direct five percent more of their funding into high-poverty census tracts, relative to the preceding three years’ share.

Read more about the bill here.

Congress

Rep. Himes Says ‘The Threat is Real’
Political News
Rep. Himes Says ‘The Threat is Real’
February 26, 2021
by Tom Ramstack

WASHINGTON -- A congressional panel wants to cut off funding for the kind of White supremacists who raided the U.S. Capitol building Jan. 6. They described the attack as the first of many against government targets unless they act promptly to stop them. “This threat is... Read More

Mandates Needed to Keep Big Tech in Check
Antitrust
Mandates Needed to Keep Big Tech in Check
February 26, 2021
by Victoria Turner

Congress needs to create mandates to curb the abusive power exerted by a handful of online platforms, according to all six witnesses at a Capitol Hill hearing on Thursday. During the hearing, members of a House Judiciary subcommittee grappled with solutions to address the ability of... Read More

Filibuster, Cloture to Play Out in Biden Agenda
Congress
Filibuster, Cloture to Play Out in Biden Agenda
February 26, 2021
by Reece Nations

WASHINGTON — The Senate cloture rule might be the biggest Legislative obstacle in front of President Joe Biden’s policy agenda.  Simply put, the cloture rule is a debate-limiting procedure that requires 60 Senators to agree before moving on to a vote. This rule is the only... Read More

House to Vote on Virus Bill; Arbiter Says Wage Hike a No-Go
U.S. Senate
House to Vote on Virus Bill; Arbiter Says Wage Hike a No-Go

WASHINGTON (AP) — Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday, despite a setback that means a minimum wage boost is unlikely to be in the final version that reaches President Joe Biden.A near party-line vote seemed certain... Read More

House Votes to Expand Legal Safeguards for LGBTQ People
Civil Rights
House Votes to Expand Legal Safeguards for LGBTQ People

WASHINGTON (AP) — The Democratic-led House passed a bill Thursday that would enshrine LGBTQ protections in the nation's labor and civil rights laws, a top priority of President Joe Biden, though the legislation faces an uphill battle in the Senate.The bill passed by a vote of... Read More

GOP Rallies Solidly Against Democrats' Virus Relief Package
Congress
GOP Rallies Solidly Against Democrats' Virus Relief Package

WASHINGTON (AP) — Republicans rallied solidly against Democrats' proposed $1.9 trillion COVID-19 relief bill as lawmakers awaited a decision by the Senate's parliamentarian that could bolster or potentially kill a pivotal provision hiking the federal minimum wage.  Despite their paper-thin congressional majorities, Democratic leaders were poised to push... Read More

News From The Well
scroll top