Page 4 - Poverty Threshold News Today

>> republicans think they have their answer to that in a new report from the congressional budget office. about 16.5 million workers who will earnless than $10.10 an hour under the current law would receive higher wages. thats pretty obvious. the $10.10 option would reduce the number of people in families whose income is below the poverty threshold by about 900,000 or 2% fewer people in poverty. okay. and once fully implemented in the second hoof 2016, the $10.10 option would reduce total em app...

Was $10.60 adjusted for inflation. but the big headline from yesterdays nonpartisan report is that raising the minimum wage to $10.10 would reduce total employment by about 500,000 workers. however, the next line in the report states actually losses could be smaller or larger. ranging from a slight reduction of employment up to 1 million workers. the report also states that 1.5y million workers would see their wage increase, but thats just 19% of that would go to families actually below the pove...

Report states that 16.5 million workers would see their hourly wage rise. 19% would go to families below the poverty line. some 900,000 americans could be lifted above the poverty threshold because of an increased. it would also impact tipped workers who would see their hourly wages increase from $2.13 an hour to $4.90 an hour over the same period of time. their wages would then jump by 95 cents each year until it was 70% of the minimum wage, which the cbo estimates would happen in the year 2019...

This week and its kind of hard. thats a big struggle for me. >> reporter: the average fast food worker makes just under $19,000 a year. the governments poverty threshold for a family of four? 23,000. they tell us these jobs teach a strong work ethic throughout their careers. we are for fair wages but it needs to be based on facts. and facts show the majority of workers that earn minimum wage in the united states are not employed in the restaurant industry. as for shaneda and pamela, they are hop...

Is going to bring you. next week. you dont know whats going on this week. it is hard. so thats like a big struggle for me. >> because that far struggle fast food workers across the country are taking to the streets. in july there were strikes in seven cities including chicago, new york, and st. louis and theyre spreading. >> we dont want handouts. we dont want pity. we just want everyone to understand our reality. >> the average fast food worker makes just under $19,000 a year. the governments p...

And theyre spreading. >> we dont want handouts. we dont want pity. we just want everyone to understand our reality. >> reporter: the average fast food worker makes just under $19,000 a year. the governments poverty threshold for a family of four, $23,000. the national restaurant association these jobs teach invaluable skills and a strong work ethic that are useful for workers throughout their professional careers. we welcome a debate on fair w e wages that the majority of workers who earn the mi...

Four americans goes to work. retail supply jobs to 42 million americans. but according to the bureau of labor statistics, the typical retail salesperson earned $20,990 last year. thats below the official government poverty threshold of $22,113 for a family of four. it has been that way for some time. during the five years through october 2011, average weekly earnings for private sector workers have increased by a mere 12 cents. although american consumers have been the engine of the u.s., not to...

13,000 gay troops were kicked out after their secrets leaked out and the taxpayers spent more than $100 million replacing them. today dont ask, dont tell is no more. repeal took effect at 12:01 a.m., nine months after signing the measure from the waining days of a lame duck congress. gays can now serve openly in every branch of service and all of those discharged service members can try to reenlist. key word, try. turns out repeal is one thing but reality is much different. more on tha...

in spending that weve already cut from the budget, our plan makes additional spending cuts that need to happen if were to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they dont grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during fina...

Reverend william barber. >> this policy as you noted earlier was around for the last ten years. it is not something born out of desegregation. it was an experimental policy they tried a few years ago and was noble. it had noble intents. >> why get rid of it -- >> it didnt work. >> it didnt work? >> it didnt serve our community. >> what was it supposed to do and where do you think it failed? >> certainly. it failed on a couple of levels. it was suppose to take the schools in wake county to ensure...