Poverty Rate Unchanged, But Still Historically High
On Wednesday, a coalition of religious groups called the Circle of Protection released videos by President Obama and Republican nominee Mitt Romney on their plans to help the poor.
The president said the poor shouldn't be asked to sacrifice more to give tax cuts to the wealthy. Romney, who supports those cuts, said the best way to help the poor is with a healthy economy — including budget cuts. But Romney added that he's committed to protecting the poor. How that will translate into specifics is unclear, although Wednesday's numbers will likely keep the issue of poverty, at least part of the economic debate.