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Federal accounting change could have serious impacts for low-income Virginians

JUNE 26, 2019 | by Michael Pope | VIRGINIA PUBLIC RADIO

“Is poverty in America overstated? That’s a concern driving a potential change to the way the Office of Management and Budget uses the consumer price index to calculate poverty. … Bill Bergman is director of research at the Chicago-based nonprofit Truth in Accounting. He says the accounting tweak doesn’t have to lead to people losing access to health care or children would miss out on lunch.”

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