The President of the Corporation for Enterprise Development, Andrea Levere, offers a reminder that when the War on Poverty was initiated 50 years ago, the overall goal was to expand economic opportunity. While moving families above the poverty line is important, Levere encourages a renewed focus on expanding economic opportunity. As such, building assets for working families must be a key strategy. She highlights the American Dream Demonstration, which illustrates that given the right incentives and supports, even the lowest-income families can save for college, homeownership and to launch a small business. She also notes that while our federal budget devotes significant funds to help workers save and build wealth, these benefits are enjoyed largely by higher income households with little by way of tax incentives for low income families. Click here to read more.
EITC Funders
