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Today, 14.5 million children in America, nearly 1 in 5, are poor, more than two-thirds living in working families. The burden of poverty falls disproportionately on minority children, with nearly 1 in 3 Black and nearly 1 in 3 Latino children affected compared to 1 in 8 White children.
Poor children lag behind their peers in many ways beyond income; they are less healthy, trail in emotional and intellectual development, and do not perform as well in school. The challenges that poor children face accumulate and interact, casting long shadows throughout their lives. Every year that we keep children in poverty costs our nation half a trillion dollars in lost productivity, poorer health and increased crime.
We must end poverty through investments in high quality education for every child, livable wages for families, income supplements like the Earned Income and Child Tax Credits, job training and job creation, and work supports like child care and health coverage.