The fiscal cliff is set to disturb the livelihoods of millions of Americans as a deficit of $800 billion dollars is expected to rock our economy; but what about those who are already struggling? Reports show that when you calculate medical expenses, as well as work-related expenses, almost 50 million Americans currently live in poverty.
The Census Bureau developed a supplementary measurement a year ago to better measure poverty in America. The new measurement includes taxpayer-provided benefits and living expenses. The data now shows that 16.1% of Americans live in poverty and that rural states like Mississippi, New Mexico and Louisiana are quite affected.