Friday, July 16th, 2021
Morning Announcements
Betches
4.7 • 1.7K Ratings
🗓️ 16 July 2021
⏱️ 6 minutes
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| 0:00.0 | Today is Friday, July 16th, and you're listening to The Morning Announcements presented by |
| 0:07.5 | Betcha's Media, on Sammy Sage. |
| 0:12.1 | A new report from the National Low Income Housing Coalition has revealed that housing has |
| 0:16.2 | become so expensive in the United States, such that there is now no state, county, or |
| 0:20.8 | city in the country where a full-time minimum wage worker who works 40 hours a week can |
| 0:25.6 | afford a two-bedroom rental. |
| 0:28.2 | The report also showed that a full-time minimum wage worker can afford a one-bedroom rental |
| 0:32.3 | in only 7% of all U.S. counties, and that a worker would need to earn 2490 per hour |
| 0:37.9 | in order to afford a two-bedroom home at Fair Market Rent. |
| 0:43.6 | It goes without saying that housing affordability is a greater challenge for black and Latino households, |
| 0:48.2 | with those groups more likely to be housing cost burdened. |
| 0:51.4 | And yet, employers are here wondering why people would prefer to knock at a job than |
| 0:54.6 | work for poverty wages, when they could just be in poverty without even having to work for it. |
| 1:01.6 | In an effort to curb the impoverished status of an embarrassing percentage of the country, |
| 1:06.0 | the White House says $15 billion in child tax credit payments have been sent out to the |
| 1:10.2 | families of nearly 60 million children. |
| 1:13.1 | For every child's under the age of six, families will get up to $3,600 each year, or $300 |
| 1:18.4 | per month. |
| 1:19.6 | For every child, age of 16 to 17, the amount is $3,000, or $250 per month. |
| 1:25.2 | The goal of this program is to cut child poverty in the U.S. in half. |
| 1:28.4 | And according to Columbia University Center on Poverty and Social Policy, they estimated |
| 1:32.8 | that these measures could lift 5 million children out of poverty. |
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