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Edited on Sun Jun-03-07 11:46 PM by draft_mario_cuomo
A National Goal: End Poverty Within 30 Years
End Poverty by 2036: Edwards believes that ending poverty should be a goal our nation actively pursues. A national goal will rally support for the cause and help us measure our progress. In 1999, Tony Blair announced a 20-year goal to end child poverty in Great Britain and he has already reduced child poverty by 17 percent . Edwards calls for a national effort to:
* Cut poverty by one third within a decade, lifting 12 million Americans out of poverty by 2016. * End poverty within 30 years, lifting 37 million Americans out of poverty by 2036.
Creating A Working Society
Edwards has outlined a Working Society initiative to lift 12 million Americans out of poverty in a decade and beat poverty over the next 30 years. In the Working Society, everyone who is able to work hard will be expected to work and, in turn, be rewarded for it. REWARDING WORK
Create 1 Million Stepping Stone Jobs for Workers Who Take Responsibility. Every American should have the chance to work their way out of poverty. However, some willing workers cannot find jobs because of the place they live, a lack of skills, experience, and references, or other obstacles like a criminal record. As much as 18 percent of former welfare recipients do not have a job. Edwards suggested creating 1 million temporary jobs over five years. The jobs would be reserved for individuals who cannot find other work after six months of looking, pay the minimum wage, and last up to 12 months. In return, workers must show up and work hard, stay off drugs, not commit any crimes, and pay child support. Studies have shown that these programs are successful moving people into permanent jobs. Jobs would be chosen carefully with local business and labor leaders to meet local needs without displacing existing workers.
Raise the Minimum Wage to at Least $7.50. For almost nine years, the federal minimum wage has stood at $5.15 an hour. Congressional pay has increased by more than $30,000 in that time. A full-time minimum-wage worker earns only about $900 a month and $10,700 a year. Today, Edwards proposed increasing the minimum wage to at least $7.50 an hour. The proposal would increase a full-time minimum-wage worker's pay by $4,800 and benefit more than 15 million minimum and near-minimum wage workers. A $1 increase in the minimum wage has been estimated to lift nearly 900,000 people out of poverty.
Create Opportunity in Rural America. Nearly 90 percent of America's poorest counties are rural, and many have been hit hard by the struggles of the U.S. manufacturing and textile industries. Edwards believes in investing more in rural community colleges to strengthen "mid-skilled" industries and linking training to actual business needs. He also supports rural small business centers to build rural economies around homegrown businesses.
Strengthen Labor Laws. Union workers earn 28 percent more than non-union workers, on average. Federal law promises workers the right to choose a union, but the law is poorly enforced, full of loopholes, and routinely violated by employers. Edwards supports the Employee Free Choice Act to give workers an effective, democratic choice over whether to form a union.
EXPANDING AFFORDABLE HOUSING
Establish a New Era at HUD. The federal Department of Housing and Urban Development (HUD) needs an overhaul to make housing policy a force for economic opportunity. Too many low-income families are segregated in high-poverty neighborhoods, cutting them off from jobs and good schools and creating areas of concentrated poverty that undermine other antipoverty programs. Edwards suggested creating one million new housing vouchers over five years to let low-income families choose to live in better neighborhoods. He believes that we should also expand the supply of affordable housing that is economically integrated with other communities. He also proposed coordinating housing policies across metropolitan areas, cutting HUD bureaucracy, and requiring recipients of new housing vouchers to work if they can.
Fight Predatory Lending. Home ownership promotes economic security and, for most families, is the top generator of wealth. However, predatory lenders use deceptive terms and abusive interest rates and fees to strip away families' equity, reducing the amount of wealth they have saved in their homes and sometimes depriving them of their homes entirely. Edwards called for fair rules to protect homeowners.
HELPING FAMILIES SAVE
Help Low-Income Workers Save with "Work Bonds." Edwards proposed a new tax credit to help low-income, working Americans save for the future. The credit would match wages to $500 per year and be directly deposited into a savings account. Edwards has also proposed expanding the Savers Credit to match the savings of low-income families.
Expand Access to Bank Accounts and Fight Abusive Payday Lending. An estimated 56 million Americans don't have bank accounts, and they pay check cashers $8 billion for services most banks provide for free. Short-term payday loans regularly charge interest rates above 300 percent. Edwards suggested subsidizing bank accounts for working families and national rules to prevent abusive payday lending.
STRENGTHENING EDUCATION
Expand College Opportunity: In Greene County, North Carolina, Edwards helped launch a College for Everyone program that is helping students attend college this fall. He has proposed a similar national program where students who agree to work part-time during their first year at a public college would get their tuition paid. Research has shown that the first year of college is the most difficult one, where additional student aid can make the greatest difference.
Create Second-Chance Schools for High School Dropouts: As many as one-third of all students drop out of school, and the rates are even worse for poor and minority students. Almost a third of dropouts between the ages of 25 and 34 live in poverty. Large majorities of recent dropouts regret their decision and now believe that a high school degree is the key to good jobs. Edwards believes that we should create second-chance schools, including some in evenings and at community colleges, to help former dropouts get back on track.
Strengthen Public Schools: Edwards suggested expanding access to preschool programs such as Head Start and North Carolina's Smart Start, investing more in teacher pay and training to attract good teachers where we need them most, and strengthening high schools with smaller schools and a more challenging curriculum.
PROMOTING RESPONSIBLE FAMILIES
Encourage and Reward Responsibility from Fathers. Welfare reform required mothers to work and helps them find jobs, but it failed to touch poor fathers. It did not help fathers support their children and become valuable members of their family and their community. Edwards will require more fathers to help support their children and, in return, help them find work. He will reserve budget cuts in child support enforcement to increase collections by more than $8 billion over the next decade and ensure that payments benefit children.
Cut Taxes for Low-Income Workers. The Earned Income Tax Credit (EITC) matches the first earnings of low-income workers. The credit is often used for household necessities and work expenses. It is also an effective tool for increasing labor force participation. The EITC already lifts more than 4 million people out of poverty, and expanding it could draw hundreds of thousands more Americans into the workforce and lift more than a million out of poverty.
* Triple the EITC for Adults without Children. Working adults without children are the only Americans living in poverty who pay income and payroll taxes. A single worker at the poverty line pays more than $800 in federal income and payroll taxes. Moreover, the EITC largely overlooks single men, who receive less than 2 percent of EITC benefits. Edwards supported tripling the maximum EITC for single adults to $1,236. This proposal will give 4 million low income workers a tax cut averaging $750, lifting workers out of poverty and drawing more men into the workforce.
* Reduce the Marriage Penalty for Struggling Families. Marriage is the foundation for strong, economically secure families, but the EITC penalizes married couples by up to $3,000. Edwards believes that we must cut the EITC marriage penalty. His proposal would reduce penalties on low-income families who choose to get married and cut taxes for 3 million couples by about $400 a year.
Fight Teen Pregnancy. Edwards believes we can build on recent partial success in reducing teen pregnancy. The U.S. still has one of the highest rates of teen pregnancy in the industrialized world. Edwards called for more support for struggling young people and investments in programs that help them beat the odds.
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