Testimony The Economic Costs of Child Poverty
Testimony Before the U.S. House Committee on Ways and Means
Harry Holzer
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In testimony before the U.S. House Ways and Means Committee, visiting fellow Harry Holzer says the costs to the United States associated with childhood poverty total about $500 billion per year, or the equivalent of nearly 4 percent of GDP. This suggests that investing significant resources in poverty reduction might be more cost-effective than previously thought.
Research Areas Children and youth Families Social safety net
Tags Poverty Economic well-being