Price: With Poverty Rate Unchanged, It's Time for New Ideas

Today, the United States Census Bureau released its annual poverty report that stated the official poverty rate in 2014 was 14.8 percent. This has been the fourth straight year that the poverty rate has remained roughly the same. In response to the report, House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement:

"The federal government has spent trillions of dollars over the past half-century fighting poverty, and yet 46.7 million Americans are living in poverty today and the poverty rate has remained stubbornly consistent. If we really want to help those who need help, we need to stop measuring success by how much money we spend, and start measuring it by the outcomes we achieve. That's why the House Budget Committee has started a new initiative entitled Restoring the Trust for All Generations that aims to highlight the flaws of our current health, retirement and economic security programs, and focus the attention of the American people and their elected leaders on finding new, innovative ways to address these challenges. We can and ought to do better on behalf of struggling Americans so that when assistance is provided, it is effective, while at the same time helping more of our fellow citizens achieve their dreams and build lives of self-sufficiency."

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