One in five households with children in poverty are surviving on less than the price of a small Starbuck’s latte per day.
The National Poverty Center released a new report that examines poverty trends between 1996 and 2011. The number of households with children who are in extreme poverty in a given month—living at $2 or less in income per person per day—in 2011 totaled roughly 1.46 million households, including 2.8 million kids.
This number is up from 636,000 households in 1996, nearly a 130 percent increase.
The study finds that in-kind public programs are having an effect, though. The number of children living in extreme poverty is cut in half to 1.4 million in 2011 when the statistics take into account benefits from the Supplemental Nutrition Assistance Program (SNAP, formerly known as the Food Stamp Program).