Americans Living Below Poverty Line Hits Record Under Obama Breaking News at Newsmax.com

Despite years of railing about income inequality, the poor are no better off today than they were when President Obama took office in 2008.

About 50 million Americans live below the poverty line and a record 47 million of them — 13 million more than when the president assumed office — receive food stamps, The Washington Times reports. The federal government defines the poverty line as a family of four earning $23,550. Read full article