The Following post first appeared on FactCheck.org. Rep. Michele Bachmann was wrong on two counts when she claimed today's poverty rate is "only slightly below where it was in 1964″ and that the small improvement in the rate "came with a $20 trillion price tag." First, the official poverty rate in 1964 was 19 percent, and it was 15 percent in 2012. Second, Bachmann ties the rate to a $20 trillion expense that includes noncash benefits for food, housing and low-income medical care programs as w...
The Following post first appeared on FactCheck.org. Rep. Michele Bachmann was wrong on two counts when she claimed today's poverty rate is "only slightly below where it was in 1964″ and that the small improvement in the rate "came with a $20 trillion price tag." First, the official poverty rate in 1964 was 19 percent, and it was 15 percent in 2012. Second, Bachmann ties the rate to a $20 trillion expense that includes noncash benefits for food, housing and low-income medical care programs as w...
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