White House Marks 50th Anniversary of Poverty War - KTVN Channel 2 - Reno Tahoe News Weather, Video -

White House Marks 50th Anniversary of Poverty War

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The White House says that although progress has been made in reducing poverty, government can still play a positive role in reducing hardship and increasing economic opportunity.
 
President Barack Obama's Council of Economic Advisers is marking the 50th anniversary of the nation's "War on Poverty" by releasing a progress report covering the past five decades. President Lyndon B. Johnson launched the effort in 1964.
 
The White House says poverty has dropped from nearly 26% in 1967 to 16% in 2012.
 
But the report says there's more to be done and that government has a role. It says government programs to help those in poverty have largely been responsible for the progress.
 
The anniversary comes as Obama is proposing steps to reduce income inequality, including a minimum wage hike.  (AP)

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