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Nearly 2 Million Californians Live Along Poverty Line

 
Nearly 2 Million Californians Live Along Poverty Line
Posted Friday, May 2nd 2014 @ 5am  by KFBK News

California is leading the nation when it comes to people living near poverty.

The Census Bureau says over the last few years the state has averaged nearly 2 million residents living along the poverty line.

The Bureau tabs that national rate of those near-poverty at 4.7 percent, or 14.6 million people.

California's decades-old poverty formula doesn't take the cost of living into account.

When you do, about a quarter of the state's residents qualify as poor or nearly-poor.

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