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Report: Poverty is Rising, But Only for Seniors
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Report: Poverty is Rising, But Only for Seniors
The percentage of older Americans living in poverty increased from 14.2 to 15 percent between this year and last year, according to a new report from the U.S. Census Bureau. The uptick is specific to seniors, as every other age group analyzed either had poverty rates that decreased or remained steady. Previous data shows that senior poverty has risen every single year since 2020. Experts say this percentage will continue to increase as seniors a…
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